Plan Ledger DOL Form 5500 · updated monthly

29TH Street Property Management, LLC401(k)

HAVEN RESIDENTIAL 401K PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
1.38%

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

29TH Street Property Management, LLC reported $43,691 in plan administrative expenses for 2024: 1.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,178 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 fell from 2.38% to 1.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kentucky (695th of 871), and 10,264th of 11,654 in professional & technical services. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has shrunk from 396 to 309 since 2022.

Plan summary
Net assets, end of year$3,742,465
Participants with balances152
Active participants309
Employer contributions$364,065
Employee contributions$608,987
Employer contribution per active participant$1,178
Average account balance$24,621
Benefits paid to participants$236,300
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA INC.
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$3.7M · 152 accts · $364K emplr
2023$2.6M · 167 accts · $341K emplr
2022$1.6M · 161 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,054
Investment management$637
Total administrative$43,691
The 29TH Street Property Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,178
Median for plans this size$1,313
2024$1,178 per active participant
2023$1,025 per active participant
2022$692 per active participant

29TH Street Property Management, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,906
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$637

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$43,691 · 1.38%
2023$34,319 · 1.66%
2022$19,893 · 2.38%
Same employer
Similar plansProfessional & Technical Services · Kentucky
Protect Environmental LLC KY$5.6M · 0.06%
Leap Group Network, LLC KY$5.0M · 0.77%
Altano U.S., LLC KY$3.8M · 1.30%
Wabuck Development, Inc. KY$3.1M · 0.01%
Kentuckiana Reporters KY$2.4M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383955274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.