What are the fees in the Prairie Management and Developme 401(k) plan?

For plan year 2022, Prairie Management and Developme reported $1,261 in plan administrative expenses, or 0.08% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Prairie Management and Developme 401(k)?

The average participant account balance was $17,642 for plan year 2022, based on 85 accounts.

Prairie Management and Developme401(k)

Name: Prairie Management and Developme 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

PRAIRIE MANAGEMENT AND DEVELOPMENT, INC. 401(K) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022

0.08%

Prairie Management and Developme reported $1,261 in plan administrative expenses for 2022: 0.08% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (3,425th of 3,702), and 1,920th of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$1,499,541
Participants with balances85
Active participants158
Employer contributions—
Employee contributions$375,112
Employer contribution per active participant—
Average account balance$17,642
Benefits paid to participants$185,376
Plan auditUnmodified (clean) audit opinion
AuditorKUTCHINS ROBBINS & DIAMOND LTD

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$1,261 · 0.08%

Similar plansReal Estate & Leasing · Illinois
Eh Holdco LLC IL$2.0M · 0.31%
D'Aprile Properties IL$1.7M · 1.45%
Redwood Residential, LLC. IL$1.7M · 2.38%
Wpd Management LLC IL$1.5M · 0.29%
M2 Property Group, LLC IL$822K · 0.30%
Act Appraisal Management Inc. IL$748K · 0.09%
Planned Property Management In IL$193K · 0.92%
Level Office Management, LLC IL$111K · 0.05%

Why are you looking at this plan?

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 363926347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.