Elevate Property Management, LLC 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Elevate Property Management, LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Elevate Property Management, LLC 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Elevate Property Management, LLC under EIN 27-3695592 and plan number 001. The latest loaded filing year is 2023. The filing reports 127 participants and $1,756,484 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Elevate Property Management, LLC
- EIN
- 27-3695592
- Plan number
- 001
- Plan type
- 2
- Location
- Wayzata, MN
- Latest filing year
- 2023
- Participants
- 127
- End-of-year plan assets
- $1,756,484
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 127 | H, C | 20240805134638NAL0002754418001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,756,484
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,756,484
- Net assets (BOY)
- $1,444,411
Income & contributions
- Employer contributions
- $129,157
- Participant contributions
- $316,854
- Total contributions
- $456,203
- Total income / additions
- $689,504
Expenses & distributions
- Benefits paid
- $349,106
- Administrative expenses
- $28,325
- Total expenses
- $377,431
- Net increase / (decrease)
- $312,073
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Insuran | RECORDKEEPER | $21,014 | $0 | 2023 |
| Tax Sheltered Compensation, Inc | RECORDKEEPER | $6,995 | $13 | 2023 |
| Mesirow Financial, Inc | INVESTMENT AD VISORY - PL | $316 | $0 | 2023 |
| Charles Schwab & Co., Inc. | SECURITES BROKERAGE | $7 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Elevate Property Management, LLC
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Wayzata, MN
- Transamerica Financial Life Insuran — Schedule C compensation
- Tax Sheltered Compensation, Inc — Schedule C compensation
- Mesirow Financial, Inc — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation