Plan Ledger DOL Form 5500 · updated monthly

Msp Real Estate401(k)

MSP REAL ESTATE 401(K) PLAN · WEST ALLIS, WI · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Msp Real Estate reported $54,308 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $559 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 0.85% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Wisconsin (1,571st of 1,936), and 1,444th of 2,096 in real estate & leasing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 464 to 658 since 2022.

Plan summary
Net assets, end of year$5,653,581
Participants with balances339
Active participants658
Employer contributions$367,888
Employee contributions$747,851
Employer contribution per active participant$559
Average account balance$16,677
Benefits paid to participants$1,027,751
Plan auditUnmodified (clean) audit opinion
AuditorSVA
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 339 accts · $368K emplr
2023$4.9M · 362 accts · $321K emplr
2022$4.0M · 282 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,797
Investment management$39,511
Total administrative$54,308
The Msp Real Estate 401(k) match · 2024
Employer contribution per active participant$559
Median for plans this size$1,313
2024$559 per active participant
2023$434 per active participant
2022$648 per active participant

Msp Real Estate's 2024 employer contribution ran below the $1,313 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 · 20241
ASSOCIATED TRUST COMPANY, N.A. · Recordkeeping · Pension consulting$54,101

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ASSOCIATED TRUST COMPANY, N.A.
2023ASSOCIATED TRUST COMPANY, N.A.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,308 · 1.03%
2023$39,949 · 0.90%
2022$35,165 · 0.85%
Same employer
Similar plansReal Estate & Leasing · Wisconsin
Pfefferle Companies, Inc. WI$5.4M · 0.84%
Uli Service LLC WI$5.2M · 0.93%
Decade Properties Inc WI$5.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411630478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.