BPG Real Estate Services, LLC 401(k) Review & Grade
BPG Real Estate Services 401(k) Plan
Wilmington, DEReal Estate & Rental500 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$0Employer $ per active participant
$3,446Employee $ saved per active participant
0.72%Direct admin cost, % of plan assets
$16.9MNet plan assets, end of year
$28,810Average balance per account
Score breakdown
- Employer generosity0.0 / 500th percentile for employer $ per participant
- Low cost3.0 / 2512th percentile for low admin cost vs. same-size plans
- Employee saving7.3 / 1549th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score10 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 0th |
| Lower admin cost | 12th |
| Employee saving | 49th |
| Peers that auto-enroll | 47% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $40,654 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- This plan reported $0 in employer contributions for 2024. Some employers put their money into a separate plan, so check any other plans listed below and ask HR. If there really is no company money, you still get the tax break. Compare the plan's fees and funds with an IRA before deciding where your next dollar goes.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.72% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $0 |
| Participant (employee) contributions | $1,722,899 |
| Other contributions (incl. rollovers in) | $310,960 |
| Administrative expenses paid from the plan | $118,259 |
| Investment advisory & management fees | $39,382 |
| Other admin expenses | $21,025 |
| Benefits paid out | $2,994,190 |
| Net assets, start / end of year | $15.9M / $16.9M |
| Active participants, start / end of year | 467 / 533 |
| Participants with account balances | 588 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Turner, Leins and Gold L.L.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $43,603 reported compensation |
| Brown Advisory LLC | $39,382 reported compensation |
| Turner, Leins & Gold, LLC | $29,658 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010144351NAL0004715411001, received 2025-10-10, EIN 51-0410104, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.