Plan Ledger DOL Form 5500 · updated monthly

Elevationhr, LLC401(k)

ELEVATIONHR, LLC 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.66%

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

Elevationhr, LLC reported $46,885 in plan administrative expenses for 2022: 0.66% of average plan assets, above the peer median. Employer contributions averaged $415 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 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (3,669th of 5,688), and the 1,249th of 2,534 in administrative & support services. In 2022, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,727,261
Participants with balances100
Active participants319
Employer contributions$132,352
Employee contributions$327,677
Employer contribution per active participant$415
Average account balance$67,273
Benefits paid to participants$37,716
Plan auditUnmodified (clean) audit opinion
AuditorDOEREN MAYHEW
Plan history2
Yearassets · accounts · employer contribution
2023$4.5M · 53 accts · $144K emplr
2022$6.7M · 100 accts · $132K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$33,543
Investment management$13,342
Total administrative$46,885
The Elevationhr, LLC 401(k) match · 2022
Employer contribution per active participant$415
Median for plans this size$1,114
2023$3,068 per active participant
2022$415 per active participant

Elevationhr, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$35,803 · 0.64%
2022$46,885 · 0.66%
Similar plansAdministrative & Support Services · Texas
American Allwaste LLC TX$6.7M · 0.68%
Spencer Ogden TX$6.7M · 0.23%
Horn Solutions, Inc. TX$6.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824151304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.