# The Pennrose Companies LLC 401(k) Plan
Source: https://planprovider.pro/companies/the-pennrose-companies-llc-880521680-502

> The Pennrose Companies LLC's 401(k) plan: 376 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Pennrose Companies LLC

- **Sponsor EIN:** 880521680

- **Sponsor Address:** 1301 NORTH 31ST STREET, PHILADELPHIA, PA, 191214495

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

- **Plan Number:** 502

- **Total Participants:** 376

- **Total Assets:** $335,314

## 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|376|$335,314|$3.2M|$1.0M|

## 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|

| FAIRMOUNT BENEFITS, INC.|Investment Advisor|$118,179|—|$118,179|

| THE BENECON GROUP, LLC|Investment Advisor|$57,253|—|$57,253|

| INDEPENDANT ADMNISTRATORS (IA)|Other Service Provider|$45,083|—|$45,083|

| CONNECTCARE3|Other Service Provider|$19,872|—|$19,872|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $240,387

- **Estimated Expense Ratio:** 71.690% 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|$1,094,429|$77,125|$163,260|—|—|

## Similar Plans

- [Cubesmart, L.P.](https://planprovider.pro/companies/cubesmart-l-p-401k-plan) — 2,630 participants

- [Morgan Properties Payroll Services INC.](https://planprovider.pro/companies/morgan-properties-payroll-services-inc-232852119-501) — 2,351 participants

- [Independence Realty Trust, INC.](https://planprovider.pro/companies/independence-realty-trust-inc-264567130-501) — 861 participants

- [The Pennrose Companies, LLC](https://planprovider.pro/companies/the-pennrose-companies-llc-401k-plan) — 599 participants

- [Continuum Companies, INC.](https://planprovider.pro/companies/continuum-companies-inc-401k-plan) — 574 participants

- [Pennrose Management Company](https://planprovider.pro/companies/pennrose-management-company-880521680-501) — 534 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-pennrose-companies-llc-880521680-502)

© 2026 PlanProvider.Pro