Plan Ledger DOL Form 5500 · updated monthly

Mbk Real Estate LLC401(k)

MBK REAL ESTATE LLC 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Mbk Real Estate LLC reported $15,906 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $420 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 rose from 0.04% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 2,435th-largest of 9,483 plans among California employers on file, and the 412th of 2,096 in real estate & leasing. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 1,944 to 4,013 since 2022.

Plan summary
Net assets, end of year$34,088,147
Participants with balances1,008
Active participants4,013
Employer contributions$1,686,708
Employee contributions$3,639,350
Employer contribution per active participant$420
Average account balance$33,818
Benefits paid to participants$5,258,813
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.1M · 1,008 accts · $1.7M emplr
2023$30.3M · 880 accts · $1.6M emplr
2022$23.9M · 923 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,906
Total administrative$15,906
The Mbk Real Estate LLC 401(k) match · 2024
Employer contribution per active participant$420
Median for plans this size$2,416
2024$420 per active participant
2023$610 per active participant
2022$746 per active participant

Mbk Real Estate LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$16,007
J P MORGAN SECURITIES LLCindirect comp
FIRST REPUBLIC SECURITIES COMPANYindirect comp
LPL FINANCIAL LLCindirect comp

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$15,906 · 0.05%
2023$11,200 · 0.04%
2022$9,374 · 0.04%
Same employer
Similar plansReal Estate & Leasing · California
Murcor, Inc. CA$36.3M · 0.33%
USA Properties Fund, Inc. CA$34.7M · 0.48%
Adeia Inc. CA$34.6M · 0.20%
Steelwave, Inc. CA$34.4M · 0.25%
Skywalker Holdings, LLC CA$32.8M · 0.01%
Gk Management Co., Inc. CA$31.6M · 0.41%
Ids Real Estate Group CA$31.2M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330393742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.