Plan Snapshot
- Plan Sponsor: Elemental Management Group, LLC
- Sponsor EIN: 823203908
- Sponsor Address: 8179 CRANES WATCH CIRCLE, BALDWINSVILLE, NY, 13027
- Plan Type: 401(k)
- Total Participants: 254
- Total Assets: $3.5M
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 | 254 | $3.5M | $12,823 | $196,360 |
| 2023 | 258 | $3.2M | $10,518 | $177,929 |
| 2022 | 230 | $3.2M | $12,280 | $206,938 |
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 |
|---|---|---|---|---|
| FREED MAXICK, P.C. | 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 | $31,855 | — | $31,855 | — | — |
| 2023 | $30,239 | — | $30,239 | — | — |
| 2022 | $30,670 | — | $30,670 | — | — |