Plan Ledger DOL Form 5500 · updated monthly

McCormack Baron Salazar, Inc.401(k)

MCCORMACK BARON 401(K) PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

McCormack Baron Salazar, Inc. reported $105,904 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $974 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 0.40% to 0.34%. 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 424th-largest of 1,393 plans among Missouri employers on file, and the 422nd of 2,096 in real estate & leasing. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 662 to 783 since 2022.

Plan summary
Net assets, end of year$32,469,681
Participants with balances786
Active participants783
Employer contributions$762,538
Employee contributions$1,787,508
Employer contribution per active participant$974
Average account balance$41,310
Benefits paid to participants$3,857,634
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.5M · 786 accts · $763K emplr
2023$30.4M · 625 accts · $792K emplr
2022$27.0M · 562 accts · $757K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,734
Investment management$46,170
Total administrative$105,904
The McCormack Baron Salazar, Inc. 401(k) match · 2024
Employer contribution per active participant$974
Median for plans this size$2,416
2024$974 per active participant
2023$1,679 per active participant
2022$1,143 per active participant

McCormack Baron Salazar, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$59,734
ENTERPRISE BANK & TRUST · Investment advisory (plan)$46,170

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$105,904 · 0.34%
2023$96,022 · 0.33%
2022$122,661 · 0.40%
Same employer
Similar plansReal Estate & Leasing · Missouri
Drury Hotels Company, LLC MO$117.1M · 0.18%
Equipmentshare.com, Inc. MO$80.3M · 0.33%
Northpoint Development, LLC MO$69.6M · 0.41%
Drury Southwest, Inc. MO$30.8M · 0.10%
James B Nutter & Company MO$28.0M · 0.26%
Bear Holdings, LLC MO$25.4M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431053637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.