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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | Recordkeeper | $17,607 | — | $17,607 |
| SECURITIES AMERICA ADVISORS INC | Investment Advisor | $7,512 | — | $7,512 |
| OSAIC WEALTH, INC. | Investment Advisor | $5,686 | — | $5,686 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — Recordkeeper
- OSAIC WEALTH, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,805
- Estimated Expense Ratio: 0.886% 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 | $31,855 | — | $31,855 | — | — |
| 2023 | $30,239 | — | $30,239 | — | — |
| 2022 | $30,670 | — | $30,670 | — | — |