Plan Ledger DOL Form 5500 · updated monthly

Elevated Resources Inc401(k)

ELEVATED RESOURCES INC 401(K) PROFIT SHARING PLAN & TRUST · NEWPORT BEACH, CA · plan year 2023

Reported admin expense ratio · 2023
0.72%

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

Elevated Resources Inc reported $11,407 in plan administrative expenses for 2023: 0.72% of average plan assets, above the peer median. Employer contributions averaged $0 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 2 years on file its reported administrative ratio rose from 0.63% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,405th of 9,483), and 1,991st of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$1,780,402
Participants with balances281
Active participants57
Employer contributions$0
Employee contributions$236,479
Employer contribution per active participant$0
Average account balance$6,336
Benefits paid to participants$89,138
Plan auditUnmodified (clean) audit opinion
AuditorMM & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 276 accts
2023$1.8M · 281 accts
2022$1.4M · 280 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,804
Investment management$7,743
Trustee / custodial$860
Total administrative$11,407
The Elevated Resources Inc 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Elevated Resources Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$8,349

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$11,689 · 0.71%
2023$11,407 · 0.72%
2022$8,924 · 0.63%
Similar plansAdministrative & Support Services · California
First Alarm CA$1.9M · 2.23%
So Cal Sanitation LLC CA$1.8M · 0.82%
Advantmed, LLC CA$1.7M · 0.55%
Ursus Inc CA$1.6M · 1.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260665451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.