Plan Ledger DOL Form 5500 · updated monthly

Prodesse Property Group401(k)

PRODESSE PROPERTY GROUP 401(K) PLAN · FOSTER CITY, CA · plan year 2022

Reported admin expense ratio · 2022
0.77%

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

Prodesse Property Group reported $36,075 in plan administrative expenses for 2022: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,373 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.

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 California (7,121st of 9,483), and 1,555th of 2,096 in real estate & leasing. In 2022, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,642,039
Participants with balances87
Active participants138
Employer contributions$189,493
Employee contributions$432,329
Employer contribution per active participant$1,373
Average account balance$53,357
Benefits paid to participants$49,571
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$795
Investment management$35,280
Total administrative$36,075
The Prodesse Property Group 401(k) match · 2022
Employer contribution per active participant$1,373
Median for plans this size$1,114

Prodesse Property Group's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$36,075 · 0.77%
Similar plansReal Estate & Leasing · California
Lres Corporation CA$5.0M · 0.74%
Mtc Financial, Inc. CA$4.8M · 0.02%
Emt Residential CA$4.6M · 0.07%
Toyotalift, Inc. CA$4.5M · 0.86%
Westport Properties, Inc. CA$4.5M · 0.05%
Intelliloan, Inc. CA$4.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954213355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.