Plan Snapshot
- Plan Sponsor: Partnership Property Management, LLC
- Sponsor EIN: 562000487
- Sponsor Address: 4600 DUNDAS DR, GREENSBORO, NC, 27407
- Plan Type: 401(k)
- Total Participants: 482
- Total Assets: $9.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 482 | $9.1M | $425,026 | $804,604 |
| 2023 | 418 | $7.7M | $372,445 | $696,124 |
| 2022 | 409 | $8.9M | $341,657 | $636,055 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BERNARD ROBINSON & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERNARD ROBINSON & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $49,796 | $11,335 | $38,461 | — | — |
| 2023 | $55,064 | $10,101 | $31,463 | $13,500 | — |
| 2022 | $64,047 | $13,040 | $38,507 | — | $12,500 |