Plan Ledger DOL Form 5500 · updated monthly

T & R Properties Inc.401(k)

T & R PROPERTIES, INC. EMPLOYEES PROFIT SHARING PLAN AND TRUST · DUBLIN, OH · plan year 2023

Reported admin expense ratio · 2023
0.82%

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

T & R Properties Inc. reported $32,629 in plan administrative expenses for 2023: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $542 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 0.20% to 1.26%. 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 Ohio (2,640th of 3,295), and 1,601st of 2,096 in real estate & leasing. In 2023, employees put in $2.74 for every $1.00 the employer contributed; active participation has grown from 138 to 209 since 2022.

Plan summary
Net assets, end of year$4,322,332
Participants with balances337
Active participants209
Employer contributions$113,263
Employee contributions$310,092
Employer contribution per active participant$542
Average account balance$12,826
Benefits paid to participants$290,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 241 accts · $64K emplr
2023$4.3M · 337 accts · $113K emplr
2022$3.6M · 263 accts · $103K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,629
Total administrative$32,629
The T & R Properties Inc. 401(k) match · 2023
Employer contribution per active participant$542
Median for plans this size$1,308
2024$407 per active participant
2023$542 per active participant
2022$750 per active participant

T & R Properties Inc.'s 2023 employer contribution ran below the $1,308 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.

Administrative cost history3
2024$53,260 · 1.26%
2023$32,629 · 0.82%
2022$7,616 · 0.20%
Same employer
Similar plansReal Estate & Leasing · Ohio
Fath Management Company OH$5.3M · 0.48%
Plk Communities LLC OH$5.2M · 0.15%
Thrive Companies OH$4.5M · 0.96%
Ohio Equities, LLC OH$4.0M · 0.37%
Aiy Properties, Inc. OH$3.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382484843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.