Plan Ledger DOL Form 5500 · updated monthly

Elevation Entertainment Group401(k)

CAL CARDROOM EMPLOYEE BENEFIT PLAN · LA JOLLA, CA · plan year 2023

Reported admin expense ratio · 2023
0.80%

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

Elevation Entertainment Group reported $81,221 in plan administrative expenses for 2023: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $976 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 1 year on file its reported administrative ratio rose from 0.72% to 0.80%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in California (5,086th of 9,483), and the 629th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,470,389
Participants with balances344
Active participants587
Employer contributions$572,795
Employee contributions$1,677,760
Employer contribution per active participant$976
Average account balance$33,344
Benefits paid to participants$1,527,892
Plan auditUnmodified (clean) audit opinion
AuditorPORTER & HUNT, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $609K emplr
2023$11.5M · 344 accts · $573K emplr
2022$8.8M · 344 accts · $506K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$81,221
Total administrative$81,221
The Elevation Entertainment Group 401(k) match · 2023
Employer contribution per active participant$976
Median for plans this size$2,440
2023$976 per active participant
2022$862 per active participant

Elevation Entertainment Group's 2023 employer contribution ran below the $2,440 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 · 20233
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$42,611
PENTEGRA SERVICES, INC. · Recordkeeping · Loan processing$15,099
OCTAVIA WEALTH ADVISORS LLC · Investment advisory (plan)$24,612

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

Recordkeeper by year2
2024Pentegra, Transamerica
2023Pentegra, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$81,221 · 0.80%
2022$63,202 · 0.72%
Same employer
Similar plansArts, Entertainment & Recreation · California
Eldorado Country Club, Inc. CA$12.1M · 0.25%
Ksl/Ms Management, LLC CA$11.5M · 0.33%
Berkeley Repertory Theatre CA$11.3M · 0.03%
Lafc Sports, LLC CA$11.0M · 0.04%
San Diego Museum of Art CA$11.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474867897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.