Plan Ledger DOL Form 5500 · updated monthly

Pangea Ventures, LLC401(k)

PANGEA 401(K) RETIREMENT SAVING PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Pangea Ventures, LLC reported $3,548 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,111 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 0.07% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (2,415th of 3,702), and 1,129th of 2,096 in real estate & leasing. In 2023, employees put in $1.90 for every $1.00 the employer contributed; active participation has shrunk from 589 to 368 since 2022.

Plan summary
Net assets, end of year$9,689,913
Participants with balances234
Active participants368
Employer contributions$408,797
Employee contributions$774,768
Employer contribution per active participant$1,111
Average account balance$41,410
Benefits paid to participants$361,257
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$4.1M · 175 accts · $172K emplr
2023$9.7M · 234 accts · $409K emplr
2022$7.5M · 235 accts · $378K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,548
Total administrative$3,548
The Pangea Ventures, LLC 401(k) match · 2023
Employer contribution per active participant$1,111
Median for plans this size$1,308
2024$984 per active participant
2023$1,111 per active participant
2022$641 per active participant

Pangea Ventures, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$3,310

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history4
2025Not separately reported
2024$3,152 · 0.05%
2023$3,548 · 0.04%
2022$5,172 · 0.07%
Similar plansReal Estate & Leasing · Illinois
Francotyp-Postalia Inc IL$10.4M · 0.12%
Bjb Partners, LLC IL$9.9M · 0.23%
Zeller Realty Corporation IL$9.8M · 0.51%
Metro Storage LLC IL$9.4M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262740239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.