401(k) · DOL Form 5500 · 2022

Shk Management, Inc. 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
485
Participants Below avg headcount
85th
Percentile by assets National rank
$72,052
Avg per participant Below avg balance/head
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Official DOL plan name: Korman Communities 401(k) Plan · Sponsored by Shk Management, Inc. · Pennsylvania · Real Estate

$35M in assets, 485 participants

Shk Management, Inc.'s Korman Communities 401(k) Plan reported $35M in total assets and 485 participants in its 2022 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,745 in Real Estate (5,057 peers)

Where Korman Communities 401(k) Plan sits by assets

Korman Communities 401(k) Plan sits in the top quartile of all filed plans by assets, $35M for 485 participants (~$72,052/participant), down 7.6% in 2022.

#4,745
in Real Estate (5,057 peers)
-7.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Korman Communities 401(k) Plan's outsized position by total assets

Korman Communities 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$34,945,377 Top 15% higher than 85% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Korman Communities 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Korman Communities 401(k) Plan sits mid-pack in the medium band (485 participants).

Form 5500 schedule snapshot

Filing strip 232827661 · Shk Management, Inc. PY 2022 · 401(k)

Korman Communities 401(k) Plan · $35M · 485 · 85th

  • EIN $35M
  • EIN 485
  • EIN 85th
  • EIN 401(k)
  • EIN near Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan
  • EIN ind #4745

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Real Estate retirement plans → · Plans in Pennsylvania →

Korman Communities 401(k) Plan in the asset neighbourhood

Korman Communities 401(k) PlanKorman Communities 401(k) Pl…$35MMaplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) PlanMaplewood Toyota, Inver Grov…$35MR.D. Merrill Companies 401(k) PlanR.D. Merrill Companies 401(k…$35MDean Dorton Allen Ford, PLLC Retirement PlanDean Dorton Allen Ford, PLLC…$35MSelco Community Credit Union Retirement Contribution PlanSelco Community Credit Union…$35M
End-of-year total assets ($M) among Korman Communities 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$35M
Net Income-$3M
Employer EIN232827661
Plan Effective Date1996-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shk Management, Inc.)

Sponsor-wide plan assets over time

All Shk Management, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$49M 41.01611494991169% vs 2022
2024 filing year
$30M$35M$40M$45M$50M$55M 202220232024 $35M $49.3M ▲ +41.0%
Year Plans Participants Total Assets
2022 1 485 $35M
2023 1 698 $42M
2024 1 715 $49M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Korman Communities 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Korman Communities 401(k) Plan, Total assets ($B): 0.034945377 · Participants: 485Korman Communities 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Korman Communities 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Korman Communities 401(k) Plan side-by-side with 3 peers →

Korman Communities 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan in MN ($35M); by covered participants it is Timpte 401(k) Retirement Savings and Profit Sharing Plan and Trust in CO (485 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (485 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Korman Communities 401(k) Plan assets move in 2022? ▼
Korman Communities 401(k) Plan pulled back noticeably - down 7.6% during 2022, from $38M to $35M. Reported net income was -$3M.
How have Shk Management, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shk Management, Inc.'s sponsor-wide assets grew 41.0%, from $35M to $49M.
Where does Korman Communities 401(k) Plan rank by assets among Form 5500 filers? ▼
Korman Communities 401(k) Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Korman Communities 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Maplewood Toyota, Inver Grove Honda & Inver Grove Toyota 401(k) Plan in MN ($35M, 593 participants).
Which 401(k) plans cover a similar participant headcount to Korman Communities 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Timpte 401(k) Retirement Savings and Profit Sharing Plan and Trust in CO (485 participants, $29M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 232827661.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.