Plan Ledger DOL Form 5500 · updated monthly

S & H Realty Management, LLP401(k)

S & H REALTY MANAGEMENT, LLP 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

S & H Realty Management, LLP reported $44,145 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,053 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 2 years on file its reported administrative ratio fell from 1.52% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Minnesota (1,586th of 1,918), and 1,508th of 2,096 in real estate & leasing. In 2024, employees put in $3.06 for every $1.00 the employer contributed; active participation has grown from 90 to 100 since 2022.

Plan summary
Net assets, end of year$5,067,550
Participants with balances147
Active participants100
Employer contributions$105,319
Employee contributions$322,016
Employer contribution per active participant$1,053
Average account balance$34,473
Benefits paid to participants$336,376
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 147 accts · $105K emplr
2023$4.5M · 116 accts · $93K emplr
2022$3.7M · 116 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,781
Investment management$19,489
Total administrative$44,145
The S & H Realty Management, LLP 401(k) match · 2024
Employer contribution per active participant$1,053
Median for plans this size$1,313
2024$1,053 per active participant
2023$958 per active participant
2022$987 per active participant

S & H Realty Management, LLP's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
USI ADVISORS INC · Investment advisory (plan)$19,489
NFP RETIREMENT · Contract administrator$875

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

Administrative cost history3
2024$44,145 · 0.92%
2023$42,169 · 1.04%
2022$63,091 · 1.52%
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 411797774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.