Pegasus Residential, LLC 401(k) Review & Grade
Pegasus Residential, LLC 401(k) Plan
Alpharetta, GAReal Estate & Rental590 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,311Employer $ per active participant
$2,312Employee $ saved per active participant
0.63%Direct admin cost, % of plan assets
$14.6MNet plan assets, end of year
$43,479Average balance per account
Score breakdown
- Employer generosity25.5 / 5051th percentile for employer $ per participant
- Low cost3.9 / 2516th percentile for low admin cost vs. same-size plans
- Employee saving4.6 / 1531th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 16th |
| Employee saving | 31th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($162,940 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Pegasus Residential put in about $1,311 per active participant, more than the typical peer ($1,279). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.63% 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $773,208 |
| Participant (employee) contributions | $1,363,787 |
| Other contributions (incl. rollovers in) | $93,946 |
| Administrative expenses paid from the plan | $91,345 |
| Contract administrator fees | $91,345 |
| Benefits paid out | $3,408,176 |
| Net assets, start / end of year | $14.2M / $14.6M |
| Active participants, start / end of year | 635 / 545 |
| Participants with account balances | 336 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Brady, Ware, Schoenfeld, Inc. |
Largest service providers (Schedule C)
| Merrill Lynch Pierce | $43,622 reported compensation |
| Ascensus Holdings Inc DBA Futurepla | $30,640 reported compensation |
| Empower Annuity Insurance Company | $6,558 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015151636NAL0002532515001, received 2025-10-15, EIN 26-3972108, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.