Plan Snapshot
- Plan Sponsor: Ncl Acquisition Corporation Dba Elevation Labs
- Sponsor EIN: 464952901
- Sponsor Address: 2105 BOGE AVE, IDAHO FALLS, ID, 83401
- Plan Type: 401(k)
- Total Participants: 555
- Total Assets: $9.4M
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 | 555 | $9.4M | $541,113 | $1.1M |
| 2023 | 522 | $7.6M | $283,198 | $984,927 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $46,224 | — | $46,224 |
| CREATIVE PLANNING LLC | Investment Advisor | $40,138 | — | $40,138 |
| KL BRONCO HOLDINGS INC DBA ELEVATIO | Other Service Provider | $15,785 | — | $15,785 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,147
- Estimated Expense Ratio: 1.089% 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 | $102,472 | $40,138 | — | — | — |
| 2023 | $18,847 | $6,295 | — | — | — |