Plan Ledger DOL Form 5500 · updated monthly

Real Estate Equities Development,401(k)

REAL ESTATE EQUITIES DEVELOPMENT RETIREMENT PLAN · EAGAN, MN · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Real Estate Equities Development, reported $28,694 in plan administrative expenses for 2022: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,283 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 Minnesota (1,619th of 1,918), and 1,556th of 2,096 in real estate & leasing. In 2022, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,635,114
Participants with balances77
Active participants99
Employer contributions$127,019
Employee contributions$308,641
Employer contribution per active participant$1,283
Average account balance$60,196
Benefits paid to participants$72,320
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY ULBRICH CHRISTIANSEN RUSS
The Real Estate Equities Development, 401(k) match · 2022
Employer contribution per active participant$1,283
Median for plans this size$1,114

Real Estate Equities Development,'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$28,694 · 0.57%
Similar plansReal Estate & Leasing · Minnesota
Collopy Real Estate, Inc. MN$6.5M · 0.53%
Brutger Equities, Inc. MN$6.2M · 0.92%
Titlesmart, Inc. MN$4.6M · 0.80%
Shelter Corporation MN$3.8M · 0.73%
Lang Nelson & Associates MN$3.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412021257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.