Plan Ledger DOL Form 5500 · updated monthly

Mb Real Estate Services Inc.401(k)

MB REAL ESTATE SERVICES 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Mb Real Estate Services Inc. reported $121,061 in plan administrative expenses for 2022: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,826 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,325th-largest of 5,648 plans among New York employers on file, and the 593rd of 2,096 in real estate & leasing. In 2022, employees put in $4.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,788,165
Participants with balances178
Active participants126
Employer contributions$230,138
Employee contributions$1,040,893
Employer contribution per active participant$1,826
Average account balance$128,023
Benefits paid to participants$2,378,693
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $352 emplr
2022$22.8M · 178 accts · $230K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,478
Investment management$77,897
Professional / advisory$8,686
Total administrative$121,061
The Mb Real Estate Services Inc. 401(k) match · 2022
Employer contribution per active participant$1,826
Median for plans this size$2,266

Mb Real Estate Services Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$121,061 · 0.47%
Similar plansReal Estate & Leasing · New York
Peco Pallet Inc. NY$23.3M · 0.52%
Pan Am Equities, Inc. NY$22.8M · 0.05%
Solidifi U.S. Inc. NY$22.5M · 0.53%
Dreamscape Companies LLC NY$22.4M · 0.20%
Samson Management NY$21.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522319154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.