Plan Ledger DOL Form 5500 · updated monthly

Perry Reid Properties, LLC401(k)

PERRY REID PROPERTIES 401(K) PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Perry Reid Properties, LLC reported $38,401 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $1,682 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 0.92% to 0.75%. 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 Nebraska (454th of 565), and 1,446th of 2,096 in real estate & leasing. In 2024, the employer put in $1.73 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,643,540
Participants with balances134
Active participants214
Employer contributions$359,985
Employee contributions$207,973
Employer contribution per active participant$1,682
Average account balance$42,116
Benefits paid to participants$211,596
Plan auditUnmodified (clean) audit opinion
AuditorHBE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 134 accts · $360K emplr
2023$4.6M · 143 accts · $201K emplr
2022$3.5M · 140 accts · $189K emplr
The Perry Reid Properties, LLC 401(k) match · 2024
Employer contribution per active participant$1,682
Median for plans this size$1,313
2024$1,682 per active participant
2023$958 per active participant
2022$868 per active participant

Perry Reid Properties, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
SOUTHEASTERN EMPLOYEE BENEFIT PLAN · Recordkeeping$1,425
LINCOLN NATIONAL CORPORATION · Contract administrator$36,976

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

Recordkeeper by year2
2024SOUTHEASTERN EMPLOYEE BENEFIT PLAN
2023THE RETIREMENT ADVANTAGE

This plan has changed recordkeepers within these filings. If you left Perry Reid Properties, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,401 · 0.75%
2023$36,175 · 0.90%
2022$33,194 · 0.92%
Same employer
Similar plansReal Estate & Leasing · Nebraska
Schleich Enterprises, Inc. NE$13.4M · 0.66%
Cherry Hill Company/Lrc NE$12.8M · 0.05%
Slosburg Company NE$10.7M · 0.28%
Jtw Omaha Movers, Inc NE$1.5M · 1.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470833546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.