Plan Ledger DOL Form 5500 · updated monthly

Elmington Property Management401(k)

ELMINGTON PROPERTY MANAGEMENT 401(K) PROFIT SHARING PLAN & TRUST · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Elmington Property Management reported $32,174 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $312 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 rose from 0.21% to 0.66%. 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 (1,077th of 1,496), and 1,521st of 2,096 in real estate & leasing. In 2024, employees put in $4.13 for every $1.00 the employer contributed; active participation has shrunk from 890 to 794 since 2022.

Plan summary
Net assets, end of year$4,946,082
Participants with balances706
Active participants794
Employer contributions$247,667
Employee contributions$1,023,666
Employer contribution per active participant$312
Average account balance$7,006
Benefits paid to participants$1,631,214
Plan auditUnmodified (clean) audit opinion
AuditorKENDRA G. MELNYK, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 706 accts · $248K emplr
2023$4.7M · 207 accts · $439K emplr
2022$2.8M · 178 accts · $335K emplr
Administrative expenses, itemized · 2024
Investment management$14,365
Total administrative$32,174
The Elmington Property Management 401(k) match · 2024
Employer contribution per active participant$312
Median for plans this size$1,313
2024$312 per active participant
2023$510 per active participant
2022$376 per active participant

Elmington Property Management'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
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$12,396
EMPOWER ADVISORY GROUP, LLC · Investment management$8,099
THE HAYS FINANCIAL GROUP, LLC · Investment advisory (plan)$6,265
MORNINGSTAR INC MORNINGSTAR ASSOC$923

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$32,174 · 0.66%
2023$5,838 · 0.16%
2022$5,245 · 0.21%
Same employer
Similar plansReal Estate & Leasing · Tennessee
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 461721587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.