Plan Ledger DOL Form 5500 · updated monthly

Elemental Led Inc401(k)

ELEMENTAL LED INC 401(K) PROFIT SHARING PLAN & TRUST · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.49%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Elemental Led Inc reported $47,114 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $3,217 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is the 188th-largest of 437 plans among Nevada employers on file, and 2,807th of 4,246 in wholesale trade. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 122 to 189 since 2022.

Plan summary
Net assets, end of year$10,809,608
Participants with balances169
Active participants189
Employer contributions$607,932
Employee contributions$966,905
Employer contribution per active participant$3,217
Average account balance$63,962
Benefits paid to participants$1,047,423
Plan auditUnmodified (clean) audit opinion
AuditorMICHAEL SHIMIZU
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 169 accts · $608K emplr
2023$8.5M · 136 accts · $502K emplr
2022$6.1M · 100 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,687
Investment management$24,567
Trustee / custodial$860
Total administrative$47,114
The Elemental Led Inc 401(k) match · 2024
Employer contribution per active participant$3,217
Median for plans this size$1,313
2024$3,217 per active participant
2023$2,900 per active participant
2022$2,800 per active participant

Elemental Led Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$21,872
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (participants)$24,567

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Paychex
2023PENSIONMARK FINANCIAL GROUP, LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Elemental Led Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$47,114 · 0.49%
2023$33,618 · 0.46%
2022$30,123 · 0.47%
Similar plansWholesale Trade · Nevada
Redwood Materials NV$17.9M · 0.66%
Nevada Beverage Company NV$13.7M · 0.02%
Jcm American Corporation NV$13.1M · 0.56%
The Sunstone Group NV$7.1M · 0.36%
Walters Bayer Auto Group NV$4.6M · 0.73%
Get Fresh Sales, Inc. NV$3.8M · 0.76%
New West Distributing Inc NV$3.7M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462971218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.