Plan Snapshot
- Plan Sponsor: Elevate Energy
- Sponsor EIN: 364443093
- Sponsor Address: 322 SOUTH GREEN STREET, CHICAGO, IL, 60607
- Plan Type: 401(k)
- Total Participants: 260
- Total Assets: $14.4M
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 | 260 | $14.4M | $361,673 | $1.6M |
| 2023 | 244 | $11.4M | $227,923 | $1.4M |
| 2022 | 186 | $7.9M | $187,010 | $1.0M |
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 |
|---|---|---|---|---|
| EIFEL RAMBO ADVISORY GROUP, LTD. | 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 | $8,025 | $248 | $7,777 | — | — |
| 2023 | $15,156 | $165 | $14,991 | — | — |
| 2022 | $15,866 | $31 | $15,835 | — | — |