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Original filing (PDF)20251003092328NAL0001193041001
MRD APARTMENTS, LLC
Form 5500
FILING_RECEIVED
MRD APARTMENTS, LLC 401(K)
401(k) retirement plan
Signals · 1
~116 bps in Sched C fees
Active participants
418
Accounts w/ balance
277
Plan assets (EOY)
$4.6M
Net assets (EOY)
$4.6M
How this plan invests
This plan
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
88
/ 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
65
Vendor stack
100
Participation health
80
Knocking points off
- 116 bps in Schedule C fees — 123% above peer band of 52 bps.
- 66% balance-to-active ratio — below typical for a healthy 401(k).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MRD APARTMENTS, LLC.
Plan sponsor
Name
MRD APARTMENTS, LLC
EIN
38-3541580
Address
321 WOODLAND PASS SUITE 100 · EAST LANSING, MI · 488232023
Phone
(517) 708-2139
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
2025-10-03
Pension benefit codes
2T · Default investment account (QDIA)
2S · Automatic enrollment
3B · Covers self-employed individuals
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2K · 401(m) arrangement
2J · 401(k) feature
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
CLARK, SCHAEFER, HACKETT & CO.
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 | $31K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TFO WEALTH PARTNERS LLC | 20-1017513 | — | ADVISOR | $11K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CLARK, SCHAEFER, HACKETT & CO., IN | 31-0800053 | — | ACCOUNTANT/AUDITOR | $12K | — |
Investments
26 direct securities· $4.6M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity Freedom Index 2045 IPR Mutual Fund | — | — | — | $697K | 15.1% | |
| Fidelity Freedom Index 2035 IPR Mutual Fund | — | — | — | $539K | 11.7% | |
| Fidelity Freedom Index 2040 IPR Mutual Fund | — | — | — | $388K | 8.4% | |
| Fidelity Freedom Index 2055 IPR Mutual Fund | — | — | — | $297K | 6.4% | |
| Fidelity 500 Index Mutual Fund | — | — | — | $293K | 6.3% | |
| Fidelity International Index Mutual Fund | — | — | — | $265K | 5.7% | |
| Vanguard Total Bond Market Admiral Mutual Fund | — | — | — | $265K | 5.7% | |
| Fidelity Freedom Index 2025 IPR Mutual Fund | — | — | — | $256K | 5.5% | |
| Fidelity Large-cap Value Index Mutual Fund | — | — | — | $209K | 4.5% | |
| Fidelity Freedom Index 2030 IPR Mutual Fund | — | — | — | $203K | 4.4% | |
| Fidelity Freedom Index 2050 IPR Mutual Fund | — | — | — | $175K | 3.8% | |
| DFA US Core Equity 2 I Mutual Fund | — | — | — | $167K | 3.6% | |
| Fidelity Mid-cap Index Mutual Fund | — | — | — | $144K | 3.1% | |
| Fidelity Small-cap Index Mutual Fund | — | — | — | $119K | 2.6% | |
| Gabelli UST Money Market AAA Money Market | — | — | — | $115K | 2.5% | |
| Fidelity Freedom Index 2060 IPR Mutual Fund | — | — | — | $98K | 2.1% | |
| Fidelity Extended Market Index Mutual Fund | — | — | — | $78K | 1.7% | |
| (maturity dates through November 2029) - | — | — | — | $77K | 1.7% | |
| DFA International Core Equity I Mutual Fund | — | — | — | $74K | 1.6% | |
| Vanguard Real Estate Index Admiral Mutual Fund | — | — | — | $41K | 0.9% | |
| Fidelity Freedom Index 2065 IPR Mutual Fund | — | — | — | $33K | 0.7% | |
| Fidelity Small-cap Growth Index Mutual Fund | — | — | — | $28K | 0.6% | |
| DFA Emerging Market Core Equity Mutual Fund | — | — | — | $27K | 0.6% | |
| Fidelity Small-cap Value Index Mutual Fund | — | — | — | $18K | 0.4% | |
| Fidelity Freedom Index 2020 IPR Mutual Fund | — | — | — | $7K | 0.2% | |
| Fidelity Large-cap Growth Index Mutual Fund | — | — | — | $7K | 0.1% |