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Original filing (PDF)20250903093537NAL0025769120001
ELEVATE PROPERTY MANAGEMENT, LLC
Form 5500
FILING_RECEIVED
ELEVATE PROPERTY MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN & TRUST
401(k) retirement plan
Signals · 2
27% in single holding~179 bps in Sched C fees
Active participants
80
Accounts w/ balance
127
Plan assets (EOY)
$2.0M
Net assets (EOY)
$2.0M
How this plan invests
This plan
25 pooled trusts
Schedule D
19 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
88
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
86
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "TA Vanguard Total Stck Mrkt Index Ret Acct" is 27% of plan.
- 179 bps in Schedule C fees — 244% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for ELEVATE PROPERTY MANAGEMENT, LLC.
Plan sponsor
Name
ELEVATE PROPERTY MANAGEMENT, LLC
EIN
27-3695592
Address
856 LAKE STREET EAST · WAYZATA, MN · 553911803
Phone
(952) 373-0772
Industry
Real Estatesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-03
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
BRADY MARTZ AND ASSOCIATES, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INSURAN | 36-6071399 | — | RECORDKEEPER | $25K | — |
| TAX SHELTERED COMPENSATION, INC | 41-0955056 | — | RECORDKEEPER | $11K | — |
Broker
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CHARLES SCHWAB & CO., INC. | 94-1737782 | — | SECURITES BROKERAGE | $14 | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MESIROW FINANCIAL, INC | 36-3194849 | — | INVESTMENT AD VISORY - PL | $371 | — |
Investments
3 direct securities · 25 pooled funds· $2.0M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Pooled Separate Account
$1.7M
25 holdings
Uncategorized
$281K
3 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| TA VANGUARD TOTAL STOCK MARKET INDE TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 166 | Pooled Separate Account | — | — | $550K | 27.4% | |
| MFS INTERNATIONAL DIVERSIFICATION R TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 123 | Pooled Separate Account | — | — | $430K | 21.4% | |
| Transamerica Stable Value Core Account | — | — | — | $197K | 9.8% | |
| STATE STREET S&P MID CAP INDEX RET TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 438 | Pooled Separate Account | — | — | $123K | 6.1% | |
| STATE STREET RUSSELL SMALL CAP INDE TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 437 | Pooled Separate Account | — | — | $82K | 4.1% | |
| AMERICAN FUNDS BALANCED RET ACCT TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 971 | Pooled Separate Account | — | — | $81K | 4.0% | |
| AMERICAN CENTURY EMERGING MARKETS R TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 934 | Pooled Separate Account | — | — | $73K | 3.6% | |
| PGIM TOTAL RETURN BOND RET ACCT TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 016 | Pooled Separate Account | — | — | $73K | 3.6% | |
| Notes Receivable from Participants | — | — | — | $71K | 3.6% | |
| MFS MID CAP VALUE RET ACCT TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 043 | Pooled Separate Account | — | — | $64K | 3.2% | |
| BLACKROCK MID-CAP GROWTH EQUITY RET TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 098 | Pooled Separate Account | — | — | $61K | 3.0% | |
| TA VANGUARD REAL ESTATE INDEX RET A TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 130 | Pooled Separate Account | — | — | $53K | 2.7% | |
| AMERICAN FUNDS AMERICAN MUTUAL RET TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 751 | Pooled Separate Account | — | — | $53K | 2.6% | |
| TRANSAMERICA LIFEGOAL 2050 WITH BLA TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 840 | Pooled Separate Account | — | — | $26K | 1.3% | |
| MFS MASSACHUSETTS INVESTORS GROWTH TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 039 | Pooled Separate Account | — | — | $17K | 0.8% | |
| DFA U.S. TARGETED VALUE PORTFOLIO R TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 527 | Pooled Separate Account | — | — | $15K | 0.7% | |
| BLACKROCK HIGH YIELD PORTFOLIO RET TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 219 | Pooled Separate Account | — | — | $13K | 0.7% | |
| Self Directed Accounts | — | — | — | $12K | 0.6% | |
| ALGER SMALL CAP FOCUS RET ACCT TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 092 | Pooled Separate Account | — | — | $11K | 0.5% | |
| TRANSAMERICA LIFEGOAL 2025 WITH BLA TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 835 | Pooled Separate Account | — | — | $0 | <0.1% | |
| TRANSAMERICA LIFEGOAL 2055 WITH BLA TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 841 | Pooled Separate Account | — | — | $0 | <0.1% | |
| TRANSAMERICA LIFEGOAL 2060 WITH BLA TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 842 | Pooled Separate Account | — | — | $0 | <0.1% | |
| TRANSAMERICA LIFEGOAL 2045 WITH BLA TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 839 | Pooled Separate Account | — | — | $0 | <0.1% | |
| TRANSAMERICA LIFEGOAL 2040 WITH BLA TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 838 | Pooled Separate Account | — | — | $0 | <0.1% | |
| TRANSAMERICA LIFEGOAL 2035 WITH BLA TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 837 | Pooled Separate Account | — | — | $0 | <0.1% | |
| TRANSAMERICA LIFEGOAL 2030 WITH BLA TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 836 | Pooled Separate Account | — | — | $0 | <0.1% | |
| TRANSAMERICA LIFEGOAL RETIREMENT WI TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 833 | Pooled Separate Account | — | — | $0 | <0.1% | |
| TRANSAMERICA LIFEGOAL 2065 WITH BLA TRANSAMERICA FINANCIAL LIFE INSURAN · EIN 36-6071399 / PN 403 | Pooled Separate Account | — | — | $0 | <0.1% |