Plan Ledger DOL Form 5500 · updated monthly

Elevate Services, Inc.401(k)

ELEVATE SERVICES 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Elevate Services, Inc. reported $59,103 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $86 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 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is the 629th-largest of 1,285 plans among Arizona employers on file, and 8,362nd of 11,654 in professional & technical services. In 2024, employees put in $48.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,894,540
Participants with balances170
Active participants382
Employer contributions$32,794
Employee contributions$1,602,925
Employer contribution per active participant$86
Average account balance$52,321
Benefits paid to participants$647,886
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 170 accts · $33K emplr
2023$6.9M · 158 accts
2022$5.2M · 156 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,761
Investment management$36,342
Total administrative$59,103
The Elevate Services, Inc. 401(k) match · 2024
Employer contribution per active participant$86
Median for plans this size$1,313

Elevate Services, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$31,009
EMPOWER ADVISORY GROUP, LLC · Investment management$5,333

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

Administrative cost history3
2024$59,103 · 0.75%
2023$44,351 · 0.73%
2022$41,411 · 0.76%
Same employer
Similar plansProfessional & Technical Services · Arizona
Goldberg & Osborne LLP AZ$10.1M · 0.33%
Resnick & Louis P.C. AZ$10.0M · 0.74%
Wti Inc. AZ$9.6M · 0.00%
Persefoni Ai Inc. AZ$9.1M · 0.08%
Market Enginuity, Inc. AZ$8.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454407236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.