Plan Snapshot
- Plan Sponsor: Elevate Pfs Holdings INC
- Sponsor EIN: 843461991
- Sponsor Address: 25700 INTERSTATE 45 N STE 300, SPRING, TX, 773864840
- Plan Type: 401(k)
- Total Participants: 2,454
- Total Assets: $56.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 2,454 | $56.3M | $2.9M | $5.1M |
| 2023 | 2,146 | $42.9M | $2.5M | $4.6M |
| 2022 | 2,107 | $34.0M | $2.3M | $4.3M |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | RECORDKEEPER | $97,897 | — | $97,897 |
| SAGEVIEW ADVISORY GROUP, LLC | ADVISOR | $70,943 | — | $70,943 |
| ERISA FIDUCIARY SERVICES, INC. | CONTRACT ADMINISTRATOR | $9,600 | — | $9,600 |
| PLANTE & MORAN PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
- SAGEVIEW ADVISORY GROUP, LLC — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $178,440
- Estimated Expense Ratio: 0.317% 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 | $139,264 | $70,208 | $69,056 | — | — |
| 2023 | $136,129 | $53,492 | $81,725 | — | — |
| 2022 | $111,000 | $43,281 | $67,719 | — | — |