Maryland › Real estate and rental and leasing › 100 to 249 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
The Donaldson Group, LLC
Sponsored by The Donaldson Group, LLC, Rockville, MD
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
The Donaldson Group, LLC of Rockville, Maryland sponsors The Donaldson Group, LLC, a 401(k) plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 209 participants (164 active) and $5.0M in net assets.
Net assets came to $23,741 per participant, well below the $60,185 median for defined contribution plans with 100 to 249 participants and well below the $40,415 median for defined contribution plans in real estate and rental and leasing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 3 service provider organisations paid $5,000 or more, with reported compensation of $79K: $379 per participant, well above the same-size median of $194. Administrative expenses charged to the plan were $74K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $740K in 2009 to $5.0M in 2024 (up 571%), and participants from 357 to 209 (down 41%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $23,741 | $60,185 | $40,415 | $53,102 |
| Employer contributions per active participant | — | $2,447 | $1,625 | $2,175 |
| Schedule C compensation per participant | $379 | $194 | $126 | $123 |
| Schedule C compensation, share of net assets | 1.6% | 0.32% | 0.34% | 0.26% |
| Administrative expenses per participant | $355 | $176 | $123 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), real estate and rental and leasing (1,578) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 209 | $5.0M | $23,742 | — | $581K | $79K |
| 2023 | 272 | $4.8M | $17,581 | — | $599K | $72K |
| 2022 | 242 | $4.2M | $17,326 | $0 | $521K | $69K |
| 2021 | 241 | $4.9M | $20,411 | — | $554K | $79K |
| 2020 | 287 | $4.5M | $15,523 | $16K | $571K | $63K |
| 2019 | 299 | $3.7M | $12,482 | $0 | $553K | $60K |
| 2018 | 484 | $3.0M | $6,285 | $0 | $529K | $2,000 |
| 2017 | 381 | $3.0M | $7,824 | $1,000 | $445K | $32K |
| 2016 | 366 | $2.2M | $5,959 | $2,000 | $293K | $4,000 |
| 2015 | 396 | $2.0M | $4,975 | $2,000 | $321K | $4,000 |
| 2014 | 368 | $1.8M | $4,823 | — | $317K | $5,000 |
| 2013 | 439 | $1.8M | $4,166 | — | $326K | $2,000 |
| 2012 | 326 | $1.3M | $4,092 | $2,000 | $226K | $2,000 |
| 2011 | 269 | $1.0M | $3,740 | $5,000 | $191K | $2,000 |
| 2010 | 358 | $1.0M | $2,835 | — | $253K | $2,000 |
| 2009 | 357 | $740K | $2,073 | — | $221K | $1,000 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$4,781,661
- Employer contributions—
- Participant contributions$580,727
- Rollovers and other contributions—
- Total contributions$580,727
- Total income, including investment results$1,170,975
- Benefits paid$916,607
- Administrative expenses$74,112
- Total expenses$990,719
- Net income$180,256
- Net transfers$0
- Net assets, end of year$4,961,917
Participants
- Active participants164
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits45
- Participants with account balances197
- Total participants, end of year209
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Princpal Life Insurance Company | Contract Administrator; Participant loan processing | $37,391 | $0 |
| Kestra Advisory Services LLC | Investment advisory (plan) | $24,406 | $10 |
| Orenda Retirement, LLC | Other services; Contract Administrator | $12,022 | $5,470 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$49,405
- Investment advisory and management fees$24,707
- Total administrative expenses$74,112
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$3.9M · 77.9%
- Registered investment companies (mutual funds)$889K · 17.9%
- Participant loans$159K · 3.2%
- Insurance company general account$31K · 0.6%
- Receivables$19K · 0.4%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmCBIZ CPAS P.C.
- Participant contributions reported as transmitted lateYes, $90,069
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2JCode section 401(k) feature2FERISA section 404(c) plan2GTotal participant-directed account plan2KCode section 401(m) arrangement2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3DPre-approved pension plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 531110: Lessors of Residential Buildings & Dwellings (including equity REITs).
Similar plans in Maryland
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Maryland Management Company 401(k) Profit Sharing Plan | The Maryland Management Company | 217 | $16.6M | $76,368 |
| Realterm US, Inc. 401(k) Plan | Realterm US, Inc. | 201 | $24.2M | $120,230 |
| Merritt Management Corporation 401(k) Plan | Merritt Management Corporation | 220 | $53.9M | $245,091 |
| The Mackenzie Companies 401(k) Plan | Mackenzie Ventures, LLC | 192 | $21.5M | $111,856 |
| Bright MLS, Inc. 401(k) Retirement Plan | Bright MLS, Inc. | 225 | $39.6M | $175,808 |
| KLNB LLC 401 K Profit Sharing Plan and Trust | KLNB LLC | 171 | $78.6M | $459,830 |
Defined contribution plans in real estate and rental and leasing closest in size.
Questions and answers
How big is The Donaldson Group, LLC?
209 participants at the end of the plan year ending 31 Dec 2024, of whom 164 were active employees, with net assets of $4,961,917. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does The Donaldson Group, LLC contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $79,299 in compensation to service provider organisations, $379 per participant or 1.6% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $74,112. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is The Donaldson Group, LLC. Recordkeeping or administration: Princpal Life Insurance Company and Orenda Retirement, LLC. Investment advisory or management: Kestra Advisory Services LLC. The financial statements were audited by CBIZ CPAS P.C.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 15 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 52-2135284, plan 001, received 15 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.