How big is Elegen Corp.'s plan?

Elegen Corp.'s plan reported $2.9M in assets and 91 participants for 2024.

Original filing (PDF)20250609150413NAL0014147169001

Elegen Corp.

Name: Elegen Corp. — Elegen Corp. 401(k) Plan, Form 5500 (2024)
Creator: Elegen Corp.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Elegen Corp. 401(k) Plan

401(k) retirement plan · Elegen Corp.'s Elegen Corp. 401(k) Plan held $2.9M in plan assets for 91 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$2.9M

Net assets (EOY)

$2.9M

People on this filing

Nick Rice signed Elegen Corp.'s 2024 Form 5500 as plan administrator.

Nick Rice — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Elegen Corp.'s EIN is 82-2202226.

EIN 82-2202226

Plan number 001

Plan year 2024

ACK ID 20250609150413NAL0014147169001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Elegen Corp. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Elegen Corp.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, automatic enrollment, a default investment (QDIA).

Decision-maker contacts

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Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (19th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Plan sponsor

Name

ELEGEN CORP

EIN

all filings

Address

3565 HAVEN AVE. · SUITE 3 · MENLO PARK, CA · 94025

Phone

(919) 341-9633

Industry

Professional & Technical Services

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

2025-06-09

Pension benefit codes

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)

Service providers (Schedule C)

Small plans don't disclose service providers

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