# Sovereign Property Management, LLC 401(k) Plan
Source: https://planprovider.pro/companies/sovereign-property-management-llc-270427100-501

> Sovereign Property Management, LLC's 401(k) plan: 61 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Sovereign Property Management, LLC

- **Sponsor EIN:** 270427100

- **Sponsor Address:** 102 LARCH CIR STE 301, WILMINGTON, DE, 19804

- **Plan Type:** 401(k)

- **Plan Number:** 501

- **Total Participants:** 61

- **Total Assets:** $116,288

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|61|$116,288|$491,828|$220,689|

| 2023|100|$24,439|$367,949|$178,471|

| 2022|100|$47,273|$298,925|$164,246|

## 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|

| THE BENECON GROUP|Investment Advisor|$20,459|—|$20,459|

| WEINER BENEFITS GROUP|Investment Advisor|$14,325|—|$14,325|

| HIGHMARK OF DE|Other Service Provider|$7,565|—|$7,565|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $42,349

- **Estimated Expense Ratio:** 36.417% 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|$635,188|—|—|—|—|

| 2023|$397,006|—|—|—|—|

| 2022|$641,154|—|—|—|—|

## Similar Plans

- [Bpg Real Estate Services, LLC](https://planprovider.pro/companies/bpg-real-estate-services-llc-401k-plan) — 533 participants

- [Bpg Real Estate Services, LLC](https://planprovider.pro/companies/bpg-real-estate-services-llc-510410104-501) — 387 participants

- [The Reybold Group Of Companies, INC.](https://planprovider.pro/companies/the-reybold-group-of-companies-inc-232441414-501) — 282 participants

- [Capano Management Company](https://planprovider.pro/companies/capano-management-company-510324955-502) — 239 participants

- [Capano Management Company](https://planprovider.pro/companies/capano-management-company-510324955-501) — 161 participants

- [Woodlawn Trustees, INC.](https://planprovider.pro/companies/woodlawn-trustees-inc-401k-plan) — 21 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/sovereign-property-management-llc-270427100-501)

© 2026 PlanProvider.Pro