Plan Ledger DOL Form 5500 · updated monthly

Rpt Realty, Inc.401(k)

RPT REALTY, INC. 401(K) PLAN · SOUTHFIELD, MI · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

Rpt Realty, Inc. reported $56,760 in plan administrative expenses for 2023: 0.43% of average plan assets, above the peer median. Employer contributions averaged $2,516 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 fell from 0.48% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,284th-largest of 2,619 plans among Michigan employers on file, and the 882nd of 2,096 in real estate & leasing. In 2023, employees put in $4.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,262,964
Participants with balances171
Active participants128
Employer contributions$322,106
Employee contributions$1,513,043
Employer contribution per active participant$2,516
Average account balance$83,409
Benefits paid to participants$1,910,380
Plan auditUnmodified (clean) audit opinion
AuditorUHY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$14.3M · 171 accts · $322K emplr
2022$12.0M · 171 accts · $327K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,305
Investment management$24,915
Audit (IQPA)$4,540
Total administrative$56,760
The Rpt Realty, Inc. 401(k) match · 2023
Employer contribution per active participant$2,516
Median for plans this size$2,440
2023$2,516 per active participant
2022$2,317 per active participant

Rpt Realty, Inc.'s 2023 employer contribution ran above the $2,440 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,305
CERITY PARTNERS RETIREMENT PLAN · Investment advisory (plan)$24,915

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

Administrative cost history3
2024Not separately reported
2023$56,760 · 0.43%
2022$63,246 · 0.48%
Same employer
Similar plansReal Estate & Leasing · Michigan
Friedman Management Company MI$15.4M · 0.75%
Cinnaire Corporation MI$15.4M · 0.45%
Lautrec, LTD. MI$14.9M · 0.01%
Easy Ice, LLC MI$13.4M · 0.52%
Star Truck Rentals, Inc. MI$13.2M · 0.58%
Rhp Staffing Company MI$12.3M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382072327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.