Somerset Apartment Management, L 401(k) Plan: Login, Facts & Contact Information

Somerset Apartment Management, L 401(k) Plan Facts

Plan name
SANDHURST APARTMENT MANAGEMENT, LLC 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SANDHURST APARTMENT MANAGEMENT, LLC
Participants
590 (209 active employees)
Former employees with a balance
404
Plan assets
$2,449,112 at Dec 31, 2024
Average account balance
$4,267 across 574 accounts
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2012
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 19, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $547,654 went into the plan in contributions.
  • $362,541 was paid out to participants.
  • Investment and other income added $274,107.
  • Administrative expenses were $7,514, about $13 per account.

How the Somerset Apartment Management, L 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019330$1.03 million—$148,050
2020405$1.33 million—$320,996
2021443$1.64 million—$342,001
2022511$1.52 million—$221,885
2023549$2.00 million—$252,319
2024590$2.45 million—$362,541

Somerset Apartment Management, L 401(k) Contact Information

Phone
704-796-7502
Mailing address
6525 CARNEGIE BLVD SUITE 400 TEST 99, CHARLOTTE NC 28211
Plan sponsor
SANDHURST APARTMENT MANAGEMENT, LLC
Employer identification number (EIN)
27-0207337
Plan number
101

Questions about the Somerset Apartment Management, L 401(k)

Does Somerset Apartment Management, L contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Somerset Apartment Management, L 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Somerset Apartment Management, L 401(k) plan?

590 participants at the start of plan year 2024, 209 of them active employees, and 404 former employees who still had money in the plan.

What is the average 401(k) balance at Somerset Apartment Management, L?

About $4,267 per account: $2.45 million in plan assets across 574 accounts with a balance at the end of plan year 2024.

Who manages the Somerset Apartment Management, L 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Somerset Apartment Management, L. How do I access my 401(k)?

Your account stays with ADP Retirement Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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