Plan Ledger DOL Form 5500 · updated monthly

Milstein Brothers Real Estate LLC401(k)

MILSTEIN BROTHERS REAL ESTATE LLC AND AFFILIATES ENTITIES 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Milstein Brothers Real Estate LLC reported $96,692 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $963 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 0.17% to 0.21%. 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 1,422nd-largest of 5,648 plans among New York employers on file, and the 302nd of 2,096 in real estate & leasing. In 2024, employees put in $8.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,102,370
Participants with balances346
Active participants331
Employer contributions$318,853
Employee contributions$2,827,831
Employer contribution per active participant$963
Average account balance$136,134
Benefits paid to participants$8,378,933
Plan auditUnmodified (clean) audit opinion
AuditorFGMK
Plan history3
Yearassets · accounts · employer contribution
2024$47.1M · 346 accts · $319K emplr
2023$46.6M · 287 accts · $439K emplr
2022$40.4M · 286 accts · $232K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,692
Investment management$45,000
Total administrative$96,692
The Milstein Brothers Real Estate LLC 401(k) match · 2024
Employer contribution per active participant$963
Median for plans this size$2,416
2024$963 per active participant
2023$1,310 per active participant
2022$733 per active participant

Milstein Brothers 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$45,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,583

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$96,692 · 0.21%
2023$70,166 · 0.16%
2022$75,231 · 0.17%
Similar plansReal Estate & Leasing · New York
Rema Holdings LLC NY$46.8M · 0.12%
Rudin Management Co., Inc. NY$45.9M · 0.04%
Douglas Elliman LLC NY$45.7M · 0.04%
The Widewaters Group Inc. NY$42.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134097228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.