Plan Snapshot
- Plan Sponsor: Elevation Services Holdings Ii, LLC
- Sponsor EIN: 851154051
- Sponsor Address: 352 7TH AVENUE, NEW YORK, NY, 10001
- Plan Type: 401(k)
- Total Participants: 619
- Total Assets: $52.0M
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 | 619 | $52.0M | $3.2M | $3.9M |
| 2023 | 667 | $46.6M | $3.0M | $3.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $117,508 | — | $117,508 |
| KESTRA ADVISORY SERVICES, LLC | INVESTMENT ADVISOR | — | $68,458 | $68,458 |
| RETIREMENT MANAGEMENT SERVICES, LLC | CONTRACT ADMINISTRATOR | $25,468 | $3,998 | $29,466 |
| HARDING SHYMANSKI & CO P.S.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC — INVESTMENT ADVISOR
- HARDING SHYMANSKI & CO P.S.C — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $215,432
- Estimated Expense Ratio: 0.414% 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 | $142,976 | — | $142,976 | — | — |
| 2023 | $135,945 | — | $135,945 | — | — |