Plan Snapshot
- Plan Sponsor: Elevate Services, INC.
- Sponsor EIN: 454407236
- Sponsor Address: 10250 CONSTELLATION BLVD SUITE 2815, LOS ANGELES, CA, 90067
- Plan Type: 401(k)
- Total Participants: 382
- Total Assets: $8.9M
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 | 382 | $8.9M | $32,794 | $1.6M |
| 2023 | 313 | $6.9M | $0 | $1.4M |
| 2022 | 383 | $5.2M | $0 | $1.5M |
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 |
|---|---|---|---|---|
| MMA SECURITIES LLC | INVESTMENT ADVISOR | $31,009 | — | $31,009 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $22,761 | — | $22,761 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,333 | — | $5,333 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,103
- Estimated Expense Ratio: 0.664% 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 | $59,103 | $36,342 | — | — | — |
| 2023 | $44,351 | $26,599 | — | — | — |
| 2022 | $41,411 | $24,342 | $17,069 | — | — |