Plan Snapshot
- Plan Sponsor: Elemental Led INC
- Sponsor EIN: 462971218
- Sponsor Address: 885 TRADEMARK DR STE 200, RENO, NV, 895216010
- Plan Type: 401(k)
- Total Participants: 189
- 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 | 189 | $10.8M | $607,932 | $966,905 |
| 2023 | 173 | $8.5M | $501,629 | $802,771 |
| 2022 | 122 | $6.1M | $341,611 | $638,683 |
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 |
|---|---|---|---|---|
| MICHAEL SHIMIZU | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $47,114 | $24,567 | $21,687 | — | — |
| 2023 | $33,618 | $17,308 | $15,867 | — | — |
| 2022 | $30,123 | $15,133 | $14,990 | — | — |