401(k) · DOL Form 5500 · 2024

Shk Management, Inc. 401(k) Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
715
Participants Below avg headcount
84th
Percentile by assets National rank
$68,921
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

$49M in assets, 715 participants

Shk Management, Inc.'s Korman Communities 401(k) Plan reported $49M in total assets and 715 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • #4,295 in Real Estate (4,605 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, $49M for 715 participants (~$68,921/participant), up 17.9% in 2024.

#4,295
in Real Estate (4,605 peers)
+17.9%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$49,278,613 Top 16% higher than 84% of 123,620 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 2024

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

Plan-year 2024 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 (715 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Korman Communities 401(k) Plan end-of-year assets rose from $42M in the plan year 2023 filing to $49M in the plan year 2024 filing.
  • Korman Communities 401(k) Plan reported net income rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Korman Communities 401(k) Plan reported participants rose from 698 in the plan year 2023 filing to 715 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 232827661 · Shk Management, Inc. PY 2024 · 401(k)

Korman Communities 401(k) Plan · $49M · 715 · 84th

  • EOY $49M
  • EOY 715
  • EOY 84th
  • EOY 401(k)
  • EOY near Page Associates, Inc. Employees Savings Plan
  • EOY ind #4295

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…$49MPage Associates, Inc. Employees Savings PlanPage Associates, Inc. Employ…$49MUrology of St. Louis, Inc. 401(k) Profit Sharing PlanUrology of St. Louis, Inc. 4…$49MCoronis Health Employee Retirement Savings Plan & TrustCoronis Health Employee Reti…$49MGooseneck Implement Company Retirement Savings PlanGooseneck Implement Company …$49M
End-of-year total assets ($M) among Korman Communities 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$49M
Net Income$7M
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. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Korman Communities 401(k) Plan, Total assets ($B): 0.049278613 · Participants: 715Korman Communities 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive 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 Page Associates, Inc. Employees Savings Plan in VA ($49M); by covered participants it is Premcor Retirement Savings Plan in TX (715 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (715 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Korman Communities 401(k) Plan grew sharply - up 17.9% during 2024, from $42M to $49M. Reported net income was $7M.
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 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Page Associates, Inc. Employees Savings Plan in VA ($49M, 454 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 Premcor Retirement Savings Plan in TX (715 participants, $325M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.