Plan Snapshot
- Plan Sponsor: Elegance Living Employer, LLC
- Sponsor EIN: 843189155
- Sponsor Address: 1416 CLARKVIEW ROAD, BALTIMORE, MD, 21209
- Plan Type: 401(k)
- Total Participants: 1,183
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,183 | $5.4M | $450,028 | $1.6M |
| 2023 | 1,196 | $4.3M | $0 | $1.4M |
| 2022 | 1,137 | $3.5M | $42 | $1.3M |
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 |
|---|---|---|---|---|
| PCS RETIREMENT, LLC | CONTRACT ADMINISTRATOR | $134,462 | — | $134,462 |
| TPG FINANCIAL ADVISORS, LLC | INVESTMENT MANAGER | $31,364 | — | $31,364 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PCS RETIREMENT, LLC — CONTRACT ADMINISTRATOR
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $165,826
- Estimated Expense Ratio: 3.061% 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 | $165,826 | $31,364 | $134,462 | — | — |
| 2023 | $188,333 | $24,217 | $164,116 | — | — |
| 2022 | $154,817 | $19,283 | $135,534 | — | — |