Plan Ledger DOL Form 5500 · updated monthly

Gingko Residential LLC401(k)

GINKGO RESIDENTIAL 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Gingko Residential LLC reported $53,921 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,357 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 0.44% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 923rd-largest of 2,005 plans among North Carolina employers on file, and the 893rd of 2,096 in real estate & leasing. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,960,295
Participants with balances245
Active participants206
Employer contributions$485,538
Employee contributions$1,041,698
Employer contribution per active participant$2,357
Average account balance$56,981
Benefits paid to participants$1,613,369
Plan auditUnmodified (clean) audit opinion
AuditorCARTER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 245 accts · $486K emplr
2023$12.1M · 269 accts · $467K emplr
2022$9.1M · 253 accts · $409K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,975
Investment management$30,946
Total administrative$53,921
The Gingko Residential LLC 401(k) match · 2024
Employer contribution per active participant$2,357
Median for plans this size$2,416
2024$2,357 per active participant
2023$1,981 per active participant
2022$1,996 per active participant

Gingko Residential LLC's 2024 employer contribution ran below the $2,416 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
RBC CAPITAL MARKETS LLC · Investment advisory (plan)$30,946
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$22,975

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$53,921 · 0.41%
2023$54,872 · 0.52%
2022$41,858 · 0.44%
Same employer
Similar plansReal Estate & Leasing · North Carolina
Allen Tate Real Estate, LLC NC$17.3M · 0.55%
D P Preiss Company Inc NC$15.0M · 0.47%
Trinity Partners, LLC NC$14.6M · 0.52%
Nwr Services, LLC NC$14.4M · 0.16%
Kane Realty Corporation NC$13.8M · 0.19%
Biltmore Farms, LLC NC$11.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260320055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.