Plan Ledger DOL Form 5500 · updated monthly

Clk Multi Family Management, LLC401(k)

CLK MULTI FAMILY MANAGEMENT EMPLOYEE SAVINGS PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Clk Multi Family Management, LLC reported $57,186 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $187 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 3 years on file its reported administrative ratio has held roughly steady near 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Tennessee (995th of 1,496), and 1,396th of 2,096 in real estate & leasing. In 2024, employees put in $8.05 for every $1.00 the employer contributed; active participation has grown from 259 to 307 since 2022.

Plan summary
Net assets, end of year$6,276,831
Participants with balances141
Active participants307
Employer contributions$57,388
Employee contributions$461,692
Employer contribution per active participant$187
Average account balance$44,517
Benefits paid to participants$136,175
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 141 accts · $57K emplr
2023$5.1M · 142 accts · $54K emplr
2022$4.1M · 137 accts · $55K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,271
Investment management$28,915
Total administrative$57,186
The Clk Multi Family Management, LLC 401(k) match · 2024
Employer contribution per active participant$187
Median for plans this size$1,313
2024$187 per active participant
2023$200 per active participant
2022$211 per active participant

Clk Multi Family Management, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20244
DUNCAN WILLIAMS ASSET MANAGEMENT · Investment advisory (plan)$25,634
EMPOWER ADVISORY GROUP · Investment management$3,282
BURLEIGH CONSULTING GROUP, INC. · Contract administrator$2,848

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

Administrative cost history3
2024$57,186 · 1.00%
2023$44,013 · 0.96%
2022$43,279 · 0.97%
Same employer
Similar plansReal Estate & Leasing · Tennessee
The Dude Abides, Inc TN$8.8M · 0.10%
T.E. Properties, Inc. TN$8.1M · 0.48%
Ghertner & Company TN$7.9M · 1.02%
Aamci - Management, Inc. TN$4.9M · 1.20%
Wright Investments, Inc. TN$4.9M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201696623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.