Plan Ledger DOL Form 5500 · updated monthly

Peterson Properties, Inc.401(k)

PETERSON PROPERTIES, INC. 401(K) PROFIT SHARING PLAN · MERRIAM, KS · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Peterson Properties, Inc. reported $19,943 in plan administrative expenses for 2023: 0.40% of average plan assets, below the peer median. Employer contributions averaged $381 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 0.38% to 0.42%. 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 Kansas (641st of 828), and 1,479th of 2,096 in real estate & leasing. In 2023, employees put in $5.02 for every $1.00 the employer contributed; active participation has shrunk from 190 to 159 since 2022.

Plan summary
Net assets, end of year$5,308,619
Participants with balances156
Active participants159
Employer contributions$60,589
Employee contributions$304,142
Employer contribution per active participant$381
Average account balance$34,030
Benefits paid to participants$514,176
Plan auditUnmodified (clean) audit opinion
AuditorKELLER & OWENS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 144 accts · $55K emplr
2023$5.3M · 156 accts · $61K emplr
2022$4.6M · 156 accts · $68K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,431
Investment management$7,512
Total administrative$19,943
The Peterson Properties, Inc. 401(k) match · 2023
Employer contribution per active participant$381
Median for plans this size$1,308
2024$354 per active participant
2023$381 per active participant
2022$358 per active participant

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

Service providers · 20233
EMPOWER ADVISORY GROUP, LLC · Investment management$4,991
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$2,521

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$21,129 · 0.42%
2023$19,943 · 0.40%
2022$20,924 · 0.38%
Same employer
Similar plansReal Estate & Leasing · Kansas
Jbo Management LLC KS$11.0M · 0.62%
Key Management Company KS$5.4M · 0.85%
Cohen-Esrey LLC KS$4.9M · 0.34%
Copaken Brooks LLC KS$4.5M · 0.83%
Nres Management, LLC KS$3.1M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480919120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.