Plan Snapshot
- Plan Sponsor: Elcor Operating Company, LLC
- Sponsor EIN: 264067569
- Sponsor Address: 48 COLONIAL DRIVE, HORSEHEADS, NY, 148458532
- Plan Type: 401(k)
- Total Participants: 348
- Total Assets: $10.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 348 | $10.8M | $0 | $331,744 |
| 2023 | 297 | $11.1M | $44,684 | $439,990 |
| 2022 | 285 | $11.5M | $151,499 | $472,416 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MODERN WEALTH HOLDINGS, LLC | INVESTMENT ADVISOR | $18,608 | — | $18,608 |
| ASCENSUS, LLC | RECORD-KEEPER | $13,516 | — | $13,516 |
| LPL FINANCIAL | INVESTMENT ADVISOR | $12,692 | — | $12,692 |
| THE BONADIO GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS, LLC — RECORD-KEEPER
- THE BONADIO GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,816
- Estimated Expense Ratio: 0.414% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $47,786 | $30,000 | $6,955 | — | — |
| 2023 | $52,439 | $30,000 | $7,280 | — | — |
| 2022 | $46,091 | $30,000 | $16,091 | — | — |