Plan Ledger DOL Form 5500 · updated monthly

North American Properties LLC401(k)

NORTH AMERICAN PROPERTIES LLC RETIREMENT SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

North American Properties LLC reported $108,905 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $8,390 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 3 years on file its reported administrative ratio has held roughly steady near 0.28%. 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 756th-largest of 3,295 plans among Ohio employers on file, and the 341st of 2,096 in real estate & leasing. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 323 to 140 since 2022.

Plan summary
Net assets, end of year$41,274,974
Participants with balances378
Active participants140
Employer contributions$1,174,620
Employee contributions$2,281,174
Employer contribution per active participant$8,390
Average account balance$109,193
Benefits paid to participants$6,098,449
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & COMPANY, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$41.3M · 378 accts · $1.2M emplr
2023$37.9M · 384 accts · $1.2M emplr
2022$32.1M · 386 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,000
Investment management$42,180
Audit (IQPA)$15,725
Total administrative$108,905
The North American Properties LLC 401(k) match · 2024
Employer contribution per active participant$8,390
Median for plans this size$2,416
2024$8,390 per active participant
2023$3,563 per active participant
2022$3,154 per active participant

North American Properties LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
MCF ADVISORS LLC · Investment advisory (plan)$42,180
BARNES DENNIG & CO LTD · Accounting / audit$15,725

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$108,905 · 0.28%
2023$101,312 · 0.29%
2022$98,506 · 0.29%
Same employer
Similar plansReal Estate & Leasing · Ohio
Site Centers Corp. OH$56.7M · 0.07%
Nrp Investments LLC OH$43.4M · 0.48%
Sibcy Cline, Inc. OH$36.0M · 0.15%
Aim Leasing Company, Inc. OH$32.1M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 854273442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.