Plan Ledger DOL Form 5500 · updated monthly

S. Raintree Enterprises, Inc.401(k)

HOSTMARK/RAINTREE 401(K) PLAN · SCHAUMBURG, IL · plan year 2023

Reported admin expense ratio · 2023
0.59%

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

S. Raintree Enterprises, Inc. reported $61,585 in plan administrative expenses for 2023: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $892 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 rose from 0.14% to 0.92%. 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 among the smaller plans on file in Illinois (2,355th of 3,702), and 1,086th of 2,096 in real estate & leasing. In 2023, employees put in $2.88 for every $1.00 the employer contributed; active participation has shrunk from 1,089 to 152 since 2022.

Plan summary
Net assets, end of year$10,421,215
Participants with balances100
Active participants152
Employer contributions$135,632
Employee contributions$390,777
Employer contribution per active participant$892
Average account balance$104,212
Benefits paid to participants$1,706,741
Plan auditUnmodified (clean) audit opinion
AuditorR.J. AUGUSTINE & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 155 accts · $5K emplr
2023$10.4M · 100 accts · $136K emplr
2022$10.3M · 225 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$61,585
Total administrative$61,585
The S. Raintree Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$892
Median for plans this size$2,440
2024$843 per active participant
2023$892 per active participant

S. Raintree Enterprises, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 · 20236
MESIROW FINANCIAL INVESTMENT · Investment management$18,989
RJ AUGUSTINE AND ASSOCIATES LTD CPA$16,375
MESIROW FINANCIAL · Investment advisory (plan)$11,948
BLUE CHIP RETIREMENT PLANS, INC. · Contract administrator · Investment advisory (plan)$9,387
CERIDIAN TAX SERVICE INC$7,175

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$81,481 · 0.92%
2023$61,585 · 0.59%
2022$17,315 · 0.14%
Similar plansReal Estate & Leasing · Illinois
Axiom Properties, Inc. IL$10.8M · 0.58%
Francotyp-Postalia Inc IL$10.4M · 0.12%
Bjb Partners, LLC IL$9.9M · 0.23%
Zeller Realty Corporation IL$9.8M · 0.51%
Pangea Ventures, LLC IL$9.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363914422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.