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Original filing (PDF)20251006132940NAL0001889443001
SHK MANAGEMENT, INC.
Form 5500
FILING_RECEIVED
KORMAN COMMUNITIES 401(K) PLAN
401(k) retirement plan
Active participants
1,233
Accounts w/ balance
564
Plan assets (EOY)
$49.3M
Net assets (EOY)
$49.3M
How this plan invests
This plan
2 pooled trusts
Schedule D
38 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
90
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
100
Participation health
65
Knocking points off
- 35 bps in Schedule C fees — modestly above peer band of 29 bps.
- Only 46% as many balances as active participants — suggests many active employees aren't deferring.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SHK MANAGEMENT, INC..
Plan sponsor
Name
SHK MANAGEMENT, INC.
EIN
23-2827661
Address
580 WEST GERMANTOWN PIKE,SUITE 200, · PLYMOUTH MEETING, PA · 19462
Phone
(484) 351-2030
Industry
Real Estatesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-06
Pension benefit codes
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
Audit & trust (Schedule H)
Auditor
KREISCHER MILLER
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $89K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SUMMIT GROUP RETIREMENT PLANNERS | 46-4198717 | — | ADVISOR | $66K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| KREISCHER MILLER | 23-1980475 | — | ACCOUNTANT/AUDITOR | $19K | — |
Investments
36 direct securities · 2 pooled funds· $49.3M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$44.4M
36 holdings
Common Collective Trust
$4.9M
2 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | — | — | — | $5.8M | 11.7% | |
| T. Rowe Price Retirement 2050 Fund - I Class | — | — | — | $4.3M | 8.8% | |
| T. Rowe Price Retirement 2040 Fund - I Class | — | — | — | $4.1M | 8.4% | |
| T. Rowe Price Retirement 2045 Fund - I Class | — | — | — | $3.6M | 7.3% | |
| T. Rowe Price Retirement 2035 Fund - I Class | — | — | — | $3.0M | 6.0% | |
| T. Rowe Price Retirement 2055 Fund - I Class | — | — | — | $2.9M | 5.9% | |
| AB US LG CP GR CIT W GREAT GRAY TRUST COMPANY · EIN 38-4116831 / PN 509 | Common Collective Trust | — | — | $2.6M | 5.3% | |
| J.P. Morgan Equity Income Fund - Class R6 | — | — | — | $2.3M | 4.7% | |
| RT NY LIFE AA CL 0 RELIANCE TRUST COMPANY · EIN 46-6350416 / PN 001 | Common Collective Trust | — | — | $2.3M | 4.6% | |
| Fidelity Mid Cap Index Fund | — | — | — | $2.0M | 4.0% | |
| T. Rowe Price Retirement 2030 Fund - I Class | — | — | — | $1.9M | 3.8% | |
| MFS International Growth Fund - Class R6 | — | — | — | $1.6M | 3.2% | |
| T. Rowe Price Retirement 2025 Fund - I Class | — | — | — | $1.6M | 3.2% | |
| T. Rowe Price Retirement 2060 Fund - I Class | — | — | — | $1.5M | 3.1% | |
| John Hancock Disciplined Value Mid Cap Fund - Class R6 | — | — | — | $1.5M | 3.0% | |
| Vanguard Industrials Index Fund - Admiral Shares | — | — | — | $1.1M | 2.3% | |
| American Funds U.S. Government Money Market - Class R6 778 Blackrock Mid Cap Growth Equity Portfolio - Class K | — | — | — | $1.1M | 2.3% | |
| Blackrock Health Sciences Opportunities Portfolio - Class K | — | — | — | $1.1M | 2.3% | |
| Blackrock High Yield Portfolio - Class K | — | — | — | $944K | 1.9% | |
| Participant loans Interest rates ranging from 4.25% to 9.50% | — | — | — | $705K | 1.4% | |
| Invesco International Small - Mid Company - Class R6 | — | — | — | $405K | 0.8% | |
| John Hancock Bond Fund - Class R6 | — | — | — | $349K | 0.7% | |
| T. Rowe Price Retirement 2065 Fund - I Class | — | — | — | $337K | 0.7% | |
| Vanguard Wellesley Income Fund - Admiral Shares | — | — | — | $303K | 0.6% | |
| PIMCO Income Fund - Institutional Class | — | — | — | $290K | 0.6% | |
| Franklin Utilities Fund - Class R6 | — | — | — | $254K | 0.5% | |
| Principal Real Estate Securities Fund - Class R6 | — | — | — | $232K | 0.5% | |
| Fidelity Total Market Index Fund | — | — | — | $199K | 0.4% | |
| Fidelity Emerging Markets Index Fund | — | — | — | $193K | 0.4% | |
| T. Rowe Price Retirement 2020 Fund - I Class | — | — | — | $179K | 0.4% | |
| American Funds Capital Income Builder - Class R6 | — | — | — | $173K | 0.4% | |
| American Funds American Balanced Fund - Class R6 | — | — | — | $124K | 0.3% | |
| Fidelity Small Cap Index Fund | — | — | — | $114K | 0.2% | |
| T. Rowe Price Retirement 2005 Fund - I Class | — | — | — | $53K | 0.1% | |
| American Funds Growth and Income Portfolio - Class R6 | — | — | — | $53K | 0.1% | |
| T. Rowe Price Retirement 2015 Fund - I Class | — | — | — | $40K | <0.1% | |
| T. Rowe Price Retirement 2010 Fund - I Class | — | — | — | $18K | <0.1% | |
| T. Rowe Price Retirement Balanced Fund | — | — | — | $2K | <0.1% |