Cortland Holdings, LLC 401(k) Review & Grade
Cortland Holdings, LLC 401(k) Plan
Atlanta, GAReal Estate & Rental2,392 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$583Employer $ per active participant
$3,755Employee $ saved per active participant
0.79%Direct admin cost, % of plan assets
$57.1MNet plan assets, end of year
$16,786Average balance per account
Score breakdown
- Employer generosity12.6 / 5025th percentile for employer $ per participant
- Low cost2.6 / 2510th percentile for low admin cost vs. same-size plans
- Employee saving7.6 / 1551th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 10th |
| Employee saving | 51th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Cortland Holdings put in about $583 per active participant, below the typical peer ($1,279). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.79% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,394,994 |
| Participant (employee) contributions | $8,984,142 |
| Other contributions (incl. rollovers in) | $441,653 |
| Administrative expenses paid from the plan | $415,074 |
| Other admin expenses | $129,562 |
| Benefits paid out | $7,781,153 |
| Net assets, start / end of year | $48.0M / $57.1M |
| Active participants, start / end of year | 2,404 / 2,381 |
| Participants with account balances | 3,403 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Seay & Weissinger, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $285,512 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250617174509NAL0004725506001, received 2025-06-17, EIN 46-5619534, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.