Plan Ledger DOL Form 5500 · updated monthly

The Lenkin Company Management, I401(k)

THE LENKIN COMPANIES 401(K) RETIREMENT PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

The Lenkin Company Management, I reported $65,218 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,722 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 0.245%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 275th-largest of 618 plans among District of Columbia employers on file, and the 518th of 2,096 in real estate & leasing. In 2023, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 87 to 78 since 2022.

Plan summary
Net assets, end of year$26,421,262
Participants with balances100
Active participants78
Employer contributions$290,336
Employee contributions$650,044
Employer contribution per active participant$3,722
Average account balance$264,213
Benefits paid to participants$2,257,225
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 96 accts · $249K emplr
2023$26.4M · 100 accts · $290K emplr
2022$24.1M · 107 accts · $259K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,218
Trustee / custodial$40,000
Total administrative$65,218
The The Lenkin Company Management, I 401(k) match · 2023
Employer contribution per active participant$3,722
Median for plans this size$2,440
2024$3,280 per active participant
2023$3,722 per active participant
2022$2,977 per active participant

The Lenkin Company Management, I's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
NORTHWESTERN MUTUAL INVESTMENT SERV · Recordkeeping · Trustee$39,999
NORTHWESTERN MUTUAL INVESTMENT SERV · Recordkeeping · Trustee$39,999
ADP, INC. · Loan processing · Recordkeeping$25,218
ADP, INC. · Loan processing · Recordkeeping$25,218

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

Recordkeeper by year2
2024ADP, NORTHWESTERN MUTUAL INVESTMENT SERV
2023ADP, NORTHWESTERN MUTUAL INVESTMENT SERV

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

Administrative cost history3
2024$64,167 · 0.25%
2023$65,218 · 0.26%
2022$67,559 · 0.25%
Similar plansReal Estate & Leasing · District of Columbia
William C. Smith & Co. DC$35.4M · 0.51%
The John Akridge Company DC$35.1M · 0.46%
Rga, Inc. DC$29.1M · 0.38%
Rise Companies Corp. DC$26.6M · 0.72%
Cresa Global, Inc. DC$24.9M · 0.63%
Cloudhq LLC DC$16.1M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521227431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.