Plan Snapshot
- Plan Sponsor: Pond Realty Company Dba Joseph Management
- Sponsor EIN: 310746641
- Sponsor Address: 250 EAST FIFTH STREET SUITE 285, CINCINNATI, OH, 45202
- Plan Type: 401(k)
- Total Participants: 831
- Total Assets: $47.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 831 | $47.8M | $320,443 | $2.7M |
| 2023 | 829 | $42.4M | $325,644 | $2.7M |
| 2022 | 814 | $37.2M | $300,000 | $2.6M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $25,462 | — | $25,462 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $11,133 | — | $11,133 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,595
- Estimated Expense Ratio: 0.077% of plan assets
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 | $36,595 | $25,462 | — | — | — |
| 2023 | $25,132 | $18,119 | — | — | — |
| 2022 | $18,692 | $13,379 | $5,313 | — | — |