Plan Snapshot
- Plan Sponsor: Elevated Resources INC
- Sponsor EIN: 260665451
- Sponsor Address: 3990 WESTERLY PL STE 270, NEWPORT BEACH, CA, 926602348
- Plan Type: 401(k)
- Total Participants: 42
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 42 | $1.5M | $0 | $241,441 |
| 2023 | 57 | $1.8M | $0 | $236,479 |
| 2022 | 63 | $1.4M | $0 | $284,239 |
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 |
|---|---|---|---|---|
| MM & COMPANY LLP | 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 | $11,689 | $7,626 | $3,203 | — | — |
| 2023 | $11,407 | $7,743 | $2,804 | — | — |
| 2022 | $8,924 | $6,187 | $2,737 | — | — |