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Industry · Form 5500 business code 531210
Offices of Real Estate Agents & Brokers: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
119 retirement plans in offices of real estate agents & brokers with 100 or more participants filed Form 5500 for plan year 2024 (119 defined contribution, 0 defined benefit). All Form 5500 pension filers in the group reported 77,849 participant records and $4.67B in net assets.
The median defined contribution plan held $45,429 per participant, below the national median of $53,031, and its employer put in $1,074 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $153 per participant against $123 nationally.
Employers contributed $94.4M and participants $334M during the year, and the plans paid out $534M in benefits.
In 2009 the same group numbered 127 plans with $1.08B; by 2024 it was 119 plans (down 6%) and $4.67B (up 333%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $45,429 | $53,031 | — | $86,234 |
| Employer contributions per active participant | $1,074 | $2,174 | — | $10,244 |
| Schedule C compensation per participant | $153 | $123 | — | $344 |
| Schedule C compensation, share of net assets | 0.31% | 0.26% | — | 0.42% |
| Administrative expenses per participant | $134 | $116 | — | $527 |
Medians across plans with 100 or more participants (111 DC and 0 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $26,388 | $45,429 | $81,280 | 111 |
| Employer contributions per active participant | $519 | $1,074 | $2,754 | 103 |
| Schedule C compensation per participant | $70.22 | $153 | $227 | 103 |
| Administrative expenses per participant | $63.29 | $134 | $214 | 109 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 29 | 22,217 | $2.01B | $34.6M | $112M | $60,865 | $190 |
| 2024 | 119 | 77,849 | $4.67B | $94.4M | $334M | $45,429 | $153 |
| 2023 | 119 | 79,802 | $4.17B | $92.1M | $329M | $44,669 | $138 |
| 2022 | 144 | 83,750 | $3.50B | $104M | $361M | $26,325 | $99.58 |
| 2021 | 137 | 74,185 | $3.52B | $55.0M | $282M | $32,849 | $92.09 |
| 2020 | 125 | 62,655 | $3.02B | $46.6M | $207M | $35,856 | $91.91 |
| 2019 | 125 | 57,573 | $2.51B | $41.9M | $181M | $31,405 | $65.61 |
| 2018 | 119 | 51,372 | $1.95B | $41.9M | $153M | $27,087 | $87.36 |
| 2017 | 114 | 47,879 | $2.00B | $36.3M | $133M | $31,569 | $92.37 |
| 2016 | 113 | 46,311 | $1.68B | $36.6M | $129M | $26,815 | $55.32 |
| 2015 | 109 | 42,348 | $1.53B | $34.5M | $113M | $26,188 | $54.29 |
| 2014 | 112 | 42,330 | $1.55B | $31.5M | $101M | $29,590 | $56.12 |
| 2013 | 115 | 46,273 | $1.59B | $27.8M | $101M | $28,671 | $47.15 |
| 2012 | 121 | 43,558 | $1.30B | $21.8M | $88.0M | $25,284 | $64.68 |
| 2011 | 122 | 45,115 | $1.15B | $20.2M | $84.9M | $20,262 | $51.18 |
| 2010 | 124 | 48,377 | $1.20B | $19.2M | $84.6M | $20,201 | $45.85 |
| 2009 | 127 | 55,663 | $1.08B | $17.5M | $84.8M | $17,785 | $39.27 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 117 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 117 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Homeservices Retirement Savings Plan | Homeservices of America, Inc. | MN | DC | 7,324 | $881M | $120,357 | $3,087 | $38.04 |
| Redfin 401(k) Profit Sharing Plan | Redfin Corporation | WA | DC | 5,317 | $223M | $41,984 | $1,793 | $76.89 |
| Newmark 401(k) Plan | Newmark Group, Inc. | NY | DC | 4,706 | $342M | $72,715 | $1,619 | $103 |
| Compass 401(k) Plan | Compass, Inc. | NY | DC | 4,343 | $172M | $39,652 | $4 | $48.42 |
| Colliers International USA, LLC & Affiliated Employers 401(k) Plan | Colliers International USA, LLC | WA | DC | 4,033 | $356M | $88,276 | $1,065 | $77.15 |
| Place Business Service, Inc. 401(k) Plan | Place Business Service, Inc. | WA | DC | 1,946 | $50.0M | $25,693 | $3 | $18.41 |
| Avison Young (US) 401(k) Plan | Avison Young (USA) Inc. | IL | DC | 1,868 | $137M | $73,183 | $3,246 | $116 |
| Harbor Group Management Co. 401(k) Plan | Harbor Group Management Co. | VA | DC | 1,844 | $54.8M | $29,741 | $1,449 | $147 |
| Kaplan Development Group LLC 401(k) Profit Sharing Plan & Trust | Kaplan Development Group LLC | NY | DC | 1,811 | $4.9M | $2,714 | $260 | — |
| Exp 401(k) Plan | Exp World Holdings, Inc. | WA | DC | 1,801 | $51.8M | $28,764 | $3,123 | $120 |
| Stream Realty Partners 401(k) Savings Plan | Stream Realty Partners | TX | DC | 1,738 | $97.1M | $55,856 | $2,754 | $175 |
| Weichert 401(k) Plan | Weichert Co. | NJ | DC | 1,692 | $247M | $146,234 | $589 | $91.64 |
| Marcus & Millichap, Inc. 401(k) Plan | Marcus & Millichap, Inc. | CA | DC | 1,054 | $67.1M | $63,701 | $2,469 | $115 |
| Kwri 401(k) Plan | Keller Williams Realty, LLC | TX | DC | 899 | $83.0M | $92,368 | $9,080 | $52.05 |
| Savills Inc., Section 401(k) Profit Sharing Plan | Savills, Inc. | NY | DC | 841 | $80.6M | $95,854 | $233 | $70.46 |
| Home Partners of America, LLC 401(k) PS Plan &trust | Home Partners of America, LLC. | IL | DC | 819 | $29.8M | $36,327 | $4,020 | $106 |
| MSP Real Estate 401(k) Plan | MSP Real Estate | WI | DC | 773 | $5.7M | $7,314 | $559 | $69.99 |
| Carter-Haston Real Estate Services, Inc. 401(k) Profit Sharing Plan | Carter-Haston Real Estate Services, Inc. | TN | DC | 720 | $5.2M | $7,276 | $273 | — |
| New Home Star Corp. 401(k) Plan | New Home Star Corp. | IL | DC | 711 | $8.2M | $11,579 | $1,712 | $27.86 |
| Regency Centers 401(k) Profit Sharing Plan | Regency Centers | FL | DC | 691 | $191M | $276,878 | $11,582 | $204 |
| Case & Associates Properties, Inc. 401(k) Plan | Case & Associates Properties, Inc. | OK | DC | 690 | $27.0M | $39,158 | $1,312 | $198 |
| Brett Real Estate Robinson Development Company, Inc. Retirement Plan | Brett Real Estate Robinson Development Company, Inc. | AL | DC | 670 | $6.0M | $8,929 | — | $6.11 |
| Kairoi Management, LLC 401(k) Plan | Kairoi Management, LLC | TX | DC | 614 | $6.0M | $9,802 | $1,268 | $43.90 |
| Timberland Partners, Inc. 401(k) Retirement Plan | Timberland Partners, Inc. | MN | DC | 584 | $16.9M | $28,892 | $1,633 | $12.38 |
| Thalhimer, Inc. Employee Stock Ownership Plan and Trust | Thalhimer, Inc. | VA | DC | 575 | $54.0M | $93,853 | $3,342 | $156 |
| Savings Plan for Employees of Real Estate One, Inc. | Real Estate One, Inc. | MI | DC | 574 | $42.6M | $74,281 | $2 | $67.63 |
| At World Properties, LLC Retirement Savings Plan | At World Properties, LLC | IL | DC | 564 | $17.1M | $30,296 | $2 | $20.06 |
| Goodwin Management, Inc. 401(k) Plan | Goodwin Management, Inc. | TX | DC | 546 | $5.0M | $9,179 | — | $72.22 |
| Highwoods Properties 401(k) Retirement Plan | Highwoods Realty Limited Partnership | NC | DC | 539 | $119M | $221,660 | $4,025 | $237 |
| The Baird & Warner 401(k) Retirement Savings Plan | Baird & Warner, Inc. | IL | DC | 534 | $45.1M | $84,370 | $0 | $145 |
| Draper and Kramer Profit Sharing and Incentive Savings Plan | Draper and Kramer | IL | DC | 519 | $49.0M | $94,441 | $1,074 | $437 |
| The Lund Company 401(k) Savings Plan | The Lund Company | NE | DC | 513 | $13.8M | $26,965 | $672 | $244 |
| William Raveis Employees Savings & Retirement | William Raveis Real Estate, Inc. | CT | DC | 495 | $34.8M | $70,234 | $581 | $253 |
| Watson Realty Corp. 401(k) Plan | Watson Realty Corp. | FL | DC | 481 | $14.7M | $30,566 | $0 | $7.28 |
| Thalhimer, Inc. 401(k) Plan | Thalhimer, Inc. | VA | DC | 464 | $49.9M | $107,603 | $3,193 | $242 |
| The 401(k) Profit Sharing Plan for Employees of Land Home Finan | Land Home Financial Services, in | CA | DC | 457 | $25.1M | $55,014 | $317 | $28.64 |
| Success Mortgage Partners, Inc. 401(k) Plan | Success Mortgage Partners, Inc. | MI | DC | 454 | $9.1M | $20,111 | — | $214 |
| Brandywine Realty Trust 401(k) Profit Sharing Plan | Brandywine Realty Trust | PA | DC | 449 | $71.1M | $158,372 | $2,674 | $132 |
| Roers Companies 401(k) Plan | Roers Companies | MN | DC | 431 | $8.9M | $20,757 | $2,753 | $134 |
| S&S Services Group, LLC 401(k) Plan | S&S Services Group, LLC | NC | DC | 415 | $10.0M | $24,083 | $1,026 | $69.60 |
By plan size
By state
Questions and answers
How many retirement plans are there in offices of real estate agents & brokers?
119 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 547 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in offices of real estate agents & brokers?
The median defined contribution plan reported $45,429 in net assets per participant (middle half of plans: $26,388 to $81,280); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in offices of real estate agents & brokers?
The median defined contribution plan received $1,074 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in offices of real estate agents & brokers?
Among defined contribution plans that report any Schedule C compensation, the median was $153 per participant and 0.31% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.