Retirement plan

PLK COMMUNITIES LLC 401(K) PROFIT SHARING PLAN

Name: PLK COMMUNITIES LLC - PLK COMMUNITIES LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: PLK COMMUNITIES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLK COMMUNITIES LLC 401(K) PROFIT SHARING PLAN, PLK COMMUNITIES LLC

PLK COMMUNITIES LLCEIN 27-2251118Plan #001PY 2024

5905 EAST GALBRAITH ROAD, SUITE 4100 - CINCINNATI, OH 45236513-985-2367plkcommunities.comLinkedIn51-200 employeesreal estate

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.2M

+34.0% from 2023

Total participants

274

+12.3% from 2023

Average account balance

$23,533

+16.9% from 2023

Annual return

16.56%

-3.45 pp from 2023

Benchmarks

See 1,090 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,090 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$5.18M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$24K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

220

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

73.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$938K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.56%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$32

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
LATITUDE SERVICE COMPANY INC4 years Service code 49 · EIN 82-1371994	Other Services	$0
VOYA RETIREMENT INSURANCE & ANNUITY6 years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 · EIN 71-0294708	Recordkeeping Fees	$0
WELLS FARGO BANK, N.A.4 years Filed as: WELLS FARGO CLEARING SERVICES,LLC Service code 99 · EIN 34-1542819	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$7K

$35 / participant

Contract admin$7K100.0%

% of EOY assets

0.134%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLARK, SCHAEFER, HACKETT & CO.
Auditor EIN: 310800053
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,533

$73,532-68.0%

$178,540-86.8%

$74,459-68.4%

Participation rate

73.0%

66.6%+6.4pp

77.1%-4.1pp

67.2%+5.8pp

Annual return

16.56%

17.51%-1.0pp

27.15%-10.6pp

1369.70%-1353.1pp

Employer contribution / active EE

$1,591

$2,221-28.4%

$3,953-59.8%

$2,626-39.4%

Participant deferral / active EE

$3,098

$4,519-31.4%

$6,281-50.7%

$4,350-28.8%

Admin fee / account holder

$32

$1,813-98.3%

$10,424-99.7%

$1,945-98.4%

Provider

Service type

Compensation

LATITUDE SERVICE COMPANY INC4 years

Service code 49 · EIN 82-1371994

Other Services

VOYA RETIREMENT INSURANCE & ANNUITY6 years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 64 · EIN 71-0294708

Recordkeeping Fees

WELLS FARGO BANK, N.A.4 years

Filed as: WELLS FARGO CLEARING SERVICES,LLC

Service code 99 · EIN 34-1542819

Other Fees

PLK COMMUNITIES LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLK COMMUNITIES LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion