Plan Snapshot
- Plan Sponsor: Elpx LLC
- Sponsor EIN: 271433375
- Sponsor Address: 602 SHASTA DRIVE, ENCINITAS, CA, 92024
- Plan Type: 401(k)
- Total Participants: 310
- Total Assets: $4.3M
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 | 310 | $4.3M | $321,005 | $594,751 |
| 2023 | 251 | $3.1M | $265,702 | $489,959 |
| 2022 | 204 | $2.2M | $413,177 | $228,434 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | INVESTMENT/FINANCIAL ADVI | $15,289 | — | $15,289 |
| ADP, INC. | RECORD KEEPER | $14,114 | — | $14,114 |
| DUFFY KRUSPODIN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- DUFFY KRUSPODIN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,403
- Estimated Expense Ratio: 0.685% 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 | $29,403 | $15,289 | — | — | — |
| 2023 | $22,824 | $12,120 | — | — | — |
| 2022 | $18,534 | — | — | — | — |