Plan Ledger DOL Form 5500 · updated monthly

Marcus & Millichap Company401(k)

MARCUS & MILLICHAP COMPANY 401(K) PLAN · PALO ALTO, CA · plan year 2023

Reported admin expense ratio · 2023
0.02%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Marcus & Millichap Company reported $11,364 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,869 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.09% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,442nd-largest of 9,483 plans among California employers on file, and the 217th of 2,096 in real estate & leasing. In 2023, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,964,460
Participants with balances310
Active participants235
Employer contributions$909,317
Employee contributions$3,173,231
Employer contribution per active participant$3,869
Average account balance$206,337
Benefits paid to participants$1,655,317
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.1M · 274 accts · $905K emplr
2023$64.0M · 310 accts · $909K emplr
2022$50.1M · 303 accts · $851K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,189
Investment management$175
Total administrative$11,364
The Marcus & Millichap Company 401(k) match · 2023
Employer contribution per active participant$3,869
Median for plans this size$3,659
2024$4,154 per active participant
2023$3,869 per active participant
2022$3,623 per active participant

Marcus & Millichap Company's 2023 employer contribution ran above the $3,659 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
NEWPORT GROUP, INC. · Claims processing · Contract administrator$11,189

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$15,417 · 0.02%
2023$11,364 · 0.02%
2022$52,968 · 0.09%
Similar plansReal Estate & Leasing · California
Biomed Realty, L.P. CA$66.3M · 0.23%
Oakwood Worldwide (US) LP CA$65.5M · 0.27%
Electro Rent Corporation CA$64.7M · 0.07%
Rockwood Capital, LLC CA$61.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770161557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.