Plan Ledger DOL Form 5500 · updated monthly

Elevation Services Holdings, LLC401(k)

AEG UNION HOLDING COMPANY 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Elevation Services Holdings, LLC reported $25,265 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $7,906 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 has held roughly steady near 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (3,557th of 5,648), and the 1,622nd of 3,341 in other services. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,385,948
Participants with balances141
Active participants108
Employer contributions$853,867
Employee contributions$1,227,736
Employer contribution per active participant$7,906
Average account balance$73,659
Benefits paid to participants$998,233
Plan auditUnmodified (clean) audit opinion
AuditorHARDING SHYMANSKI & CO P.S.C
Plan history2
Yearassets · accounts · employer contribution
2024$10.4M · 141 accts · $854K emplr
2023$7.3M · 123 accts · $720K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,265
Total administrative$25,265
The Elevation Services Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$7,906
Median for plans this size$1,313
2024$7,906 per active participant
2023$7,498 per active participant

Elevation Services Holdings, LLC'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$21,552
RETIREMENT MANAGEMENT SERVICES, LLC · Contract administrator · Other services$8,791
KESTRA ADVISORY SERVICES, LLC · Pension consultingindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$25,265 · 0.29%
2023$19,933 · 0.27%
Similar plansOther Services · New York
Steer Davies and Gleave Inc NY$10.8M · 0.29%
The Union League Club NY$10.6M · 0.05%
The Bridge, Inc. NY$10.2M · 0.05%
The Mind Gym USA Inc NY$10.2M · 0.19%
Field Home-Holy Comforter NY$10.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850571592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.