Douglas Elliman LLC 401(k) Review & Grade
Douglas Elliman LLC 401k Retirement Savings Plan
New York, NYReal Estate & Rental599 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$616Employer $ per active participant
$6,008Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$45.7MNet plan assets, end of year
$100,429Average balance per account
Score breakdown
- Employer generosity13.3 / 5027th percentile for employer $ per participant
- Low cost22.8 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1577th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score51 / 100 · Grade C
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 27th |
| Lower admin cost | 91th |
| Employee saving | 77th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Douglas Elliman put in about $616 per active participant, below the typical peer ($1,279). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $368,916 |
| Participant (employee) contributions | $3,598,705 |
| Other contributions (incl. rollovers in) | $320,135 |
| Administrative expenses paid from the plan | $15,804 |
| Contract administrator fees | $15,804 |
| Benefits paid out | $3,996,355 |
| Net assets, start / end of year | $40.5M / $45.7M |
| Active participants, start / end of year | 604 / 594 |
| Participants with account balances | 455 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eisneramper |
Largest service providers (Schedule C)
| Morgan Stanley Smith Barney LLC | $63,931 reported compensation |
| Open Acq LLC | $20,720 reported compensation |
| Voya Retirement Advisors, LLC | $9,681 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014165340NAL0001703059001, received 2025-10-14, EIN 14-1875073, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.