Plan Ledger DOL Form 5500 · updated monthly

Michelson Realty Company LLC401(k)

THE MICHELSON ORGANIZATION SAVINGS INVESTMENT PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Michelson Realty Company LLC reported $8,985 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,213 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 0.05% to 0.04%. 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 527th-largest of 1,393 plans among Missouri employers on file, and the 552nd of 2,096 in real estate & leasing. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has shrunk from 174 to 155 since 2022.

Plan summary
Net assets, end of year$24,214,802
Participants with balances256
Active participants155
Employer contributions$343,021
Employee contributions$897,177
Employer contribution per active participant$2,213
Average account balance$94,589
Benefits paid to participants$772,763
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.2M · 256 accts · $343K emplr
2023$20.5M · 243 accts · $338K emplr
2022$17.0M · 256 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,985
Total administrative$8,985
The Michelson Realty Company LLC 401(k) match · 2024
Employer contribution per active participant$2,213
Median for plans this size$2,416
2024$2,213 per active participant
2023$2,207 per active participant
2022$1,963 per active participant

Michelson Realty Company LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,985

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$8,985 · 0.04%
2023$8,675 · 0.05%
2022$8,830 · 0.05%
Same employer
Similar plansReal Estate & Leasing · Missouri
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%
The Love Companies MO$18.6M · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020677900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.