Plan Snapshot
- Plan Sponsor: Elm
- Sponsor EIN: 810529580
- Sponsor Address: 60 STATE STREET, SUITE 201, PEORIA, IL, 61602
- Plan Type: 401(k)
- Total Participants: 1,188
- Total Assets: $14.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,188 | $14.2M | $0 | $3.5M |
| 2023 | 918 | $11.1M | $0 | $2.6M |
| 2022 | 739 | $8.6M | $0 | $2.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $53,749 | — | $53,749 |
| MORGAN STANLEY SMITH BARNEY | ADVISOR | — | $28,587 | $28,587 |
| CLIFTON LARSON ALLEN LLP | AUDITOR | $13,201 | — | $13,201 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MORGAN STANLEY SMITH BARNEY — ADVISOR
- CLIFTON LARSON ALLEN LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,537
- Estimated Expense Ratio: 0.671% 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 | $66,950 | — | — | — | — |
| 2023 | $58,374 | — | — | — | — |
| 2022 | $68,491 | — | — | — | — |