Plan Ledger DOL Form 5500 · updated monthly

Real Estate Equities, Inc.401(k)

REAL ESTATE EQUITIES RETIREMENT PLAN · ST. PAUL, MN · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Real Estate Equities, Inc. reported $11,435 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,534 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 1 year on file its reported administrative ratio rose from 0.10% to 0.33%. 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 Minnesota (1,682nd of 1,918), and 1,671st of 2,096 in real estate & leasing. In 2023, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,657,623
Participants with balances82
Active participants98
Employer contributions$150,342
Employee contributions$337,064
Employer contribution per active participant$1,534
Average account balance$44,605
Benefits paid to participants$637,035
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY ULBRICH CHRISTIANSEN RUSS P
Plan history2
Yearassets · accounts · employer contribution
2023$3.7M · 82 accts · $150K emplr
2022$3.3M · 96 accts · $147K emplr
Administrative expenses, itemized · 2023
Investment management$11,435
Total administrative$11,435
The Real Estate Equities, Inc. 401(k) match · 2023
Employer contribution per active participant$1,534
Median for plans this size$1,308
2023$1,534 per active participant
2022$1,314 per active participant

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

Service providers · 20232
MMA SECURITIES LLC · Investment advisory (plan)$11,435

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

Administrative cost history2
2023$11,435 · 0.33%
2022$3,327 · 0.10%
Similar plansReal Estate & Leasing · Minnesota
Titlesmart, Inc. MN$4.6M · 0.80%
Shelter Corporation MN$3.8M · 0.73%
Lang Nelson & Associates MN$3.7M · 0.08%
Doran Management, LLC MN$3.0M · 0.69%
Trellis Management Co. MN$2.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411244299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.