Plan Snapshot
- Plan Sponsor: Elemica, INC.
- Sponsor EIN: 043715361
- Sponsor Address: 550 E. SWEDESFORD RD #310, WAYNE, PA, 19087
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $28.6M
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 | 125 | $28.6M | $692,472 | $1.6M |
| 2023 | 144 | $25.3M | $624,931 | $1.5M |
| 2022 | 142 | $21.9M | $607,901 | $1.4M |
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 |
|---|---|---|---|---|
| TORRILLO & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO & ASSOCIATES, LLC — Auditor
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 | $87,377 | $53,680 | $3,640 | — | — |
| 2023 | $65,915 | $42,490 | $1,590 | — | — |
| 2022 | $18,657 | — | $18,657 | — | — |