Plan Ledger DOL Form 5500 · updated monthly

Elevate Holdings Inc401(k)

ELEVATE HOLDINGS INC 401(K) PROFIT SHARING PLAN & TRUST · SEABROOK, NH · plan year 2022

Reported admin expense ratio · 2022
1.10%

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

Elevate Holdings Inc reported $38,147 in plan administrative expenses for 2022: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,062 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Hampshire (335th of 411), and 1,687th of 2,677 in transportation & warehousing. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,712,418
Participants with balances241
Active participants186
Employer contributions$755,609
Employee contributions$1,202,239
Employer contribution per active participant$4,062
Average account balance$19,554
Benefits paid to participants$500,130
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,818
Investment management$17,329
Total administrative$38,147
The Elevate Holdings Inc 401(k) match · 2022
Employer contribution per active participant$4,062
Median for plans this size$1,114

Elevate Holdings Inc's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$38,147 · 1.10%
Same employer
Similar plansTransportation & Warehousing · New Hampshire
Ross Express LLC NH$12.4M · 0.19%
Concord Coach Lines, Inc. NH$11.8M · 0.11%
Air General, Inc. NH$10.3M · 0.87%
Jalbert Leasing, Inc NH$4.4M · 0.34%
Dowd Deliveries NH$210K · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161678403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.