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Original filing (PDF)20251002103854NAL0000281171001
ADVANCED ELEMENTS, INC.
Form 5500
FILING_RECEIVED
ADVANCED ELEMENTS, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Defined-contribution retirement plan
Signals · 3
72% in single holding98% employer stockNo recordkeeper disclosed
Active participants
286
Accounts w/ balance
372
Plan assets (EOY)
$91.1M
Net assets (EOY)
$89.4M
How this plan invests
This plan
3 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
82
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
50
Total plan cost
75
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Advanced Elements, Inc Common Stock 740,050 Unallocated Plan Sponsor Stock" is 72% of plan.
- 98% of plan in employer / sponsor stock.
- No recordkeeper disclosed on Schedule C.
Helping the score
- No Schedule C compensation disclosed — likely a small plan or unbundled.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for ADVANCED ELEMENTS, INC..
Plan sponsor
Name
ADVANCED ELEMENTS, INC.
EIN
26-2006372
Address
4050 GARDEN VIEW DRIVE · SUITE 200 · GRAND FORKS, ND · 58201
Phone
(701) 402-0329
Industry
Engineering Services· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-02
Pension benefit codes
2I · Stock bonus
2P · Leveraged ESOP
2Q · S-corporation ESOP
3I · Requires investment in employer securities
Audit & trust (Schedule H)
Auditor
BRADY MARTZ & ASSOCIATES, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
No Schedule C providers reportedInvestments
3 direct securities· $91.1M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Advanced Elements, Inc Common Stock 740,050 Unallocated Plan Sponsor Stock | — | — | $1.5M | $65.9M | 72.4% | |
| Advanced Elements, Inc Common Stock 259,950 Allocated Plan Sponsor Stock | — | — | $3.0M | $23.2M | 25.4% | |
| Alerus Money Market Account 1,987,811 Allocated Money Market | — | — | $2.0M | $2.0M | 2.2% |
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