PBC Management 401(k) match, vesting and fees
What PBC Management's 401(k) plan says about matching contributions
In any plan year, the Employer may make discretionary matching contributions. The Company matches 100% of the participant’s deferral up to 3% of the participant’s compensation.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | 2023 audit report, p. 34 ↗ |
| Match vesting | Participants are immediately vested in their contributions plus actual earnings thereon. Vesting in the Company’s contribution portion of their accounts is based on years of continuous service. A participant is 100% vested after six years of credited service. | 2023 audit report, p. 35 ↗ |
| Automatic enrollment | The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan at a deferral rate of 3% of pre-tax compensation unless they affirmatively elect not to participate in the Plan. | 2023 audit report, p. 34 ↗ |
| Loans | Participants may borrow from their accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. The loans are secured by the balance in the participant’s account. The loan interest rate is set at 1% above the bank prime rate, as reported by the U.S. Federal Reserve. | 2023 audit report, p. 35 ↗ |
| Recordkeeper | Empower Annuity Insurance Company O | 2025 Schedule C ↗ |
| Independent auditor | Bourgeois Bennett, LLC (unmodified opinion, limited scope) | 2025 Schedule H ↗ |
| Plan type and status | 401(k) · Active | 2025 Form 5500 ↗ |
Match, vesting and other plan features are from the plan year 2023 filing's audit report (the latest one extracted so far). Rows cited to the Form 5500 and its schedules are from the plan year 2025 filing.
How the plan compares
Plan year 2025 medians for 36 defined-contribution plans in real estate and rental and leasing with 1,000 to 4,999 participants.
| PBC Management: employer contribution per participant | $2,960 | |
| Peer median | $1,593 |
| PBC Management: average balance | $96,028 | |
| Peer median | $74,771 |
| PBC Management: admin expenses ÷ assets | 0.19% | |
| Peer median | 0.18% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $100M at the end of plan year 2021 to $114M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 1,194 | $114M | $3.5M | $2,960 | 0.19% | Not published | Form 5500 ↗ |
| 2024 | 1,233 | $101M | $3.1M | $2,538 | 0.25% | Not published | Form 5500 ↗ |
| 2023 | 1,187 | $97M | $2.6M | $2,204 | 0.25% | Quoted in the audit report, p. 34 ↗ | Form 5500 ↗ |
| 2022 | 1,142 | $84.9M | $2.3M | $2,041 | 0.22% | Not published | Form 5500 ↗ |
| 2021 | 1,065 | $100M | $668K | $635 | 0.21% | Not published | Form 5500 ↗ |
Common questions
Does PBC Management match 401(k) contributions?
The audit report attached to the Pbc Management LLC 401(k) Profit Sharing Plan's plan year 2023 Form 5500, page 34 says: “In any plan year, the Employer may make discretionary matching contributions. The Company matches 100% of the participant’s deferral up to 3% of the participant’s compensation.” Plan terms may have changed; check your current Summary Plan Description.
When is the PBC Management 401(k) match vested?
The audit report attached to the plan year 2023 Form 5500, page 35 says: “Participants are immediately vested in their contributions plus actual earnings thereon. Vesting in the Company’s contribution portion of their accounts is based on years of continuous service. A participant is 100% vested after six years of credited service.”
Who manages the PBC Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Annuity Insurance Company O. The plan administrator is Pbc Management LLC.
I left PBC Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Pbc Management LLC, (985) 629-2082) or the recordkeeper, Empower Annuity Insurance Company O. The PBC Management old 401(k) page lists the contacts from every plan filing. Find an old PBC Management 401(k)
Data from the public Form 5500 annual reports PBC Management filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with PBC Management. Not financial advice. Report a correction · Methodology