Department of Labor filing

3 PHASE ELEVATOR CORP.

3 PHASE ELEVATOR 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Aug 27, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

73filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$3,312

Reported employer contributions per active participant.

Higher than about 82% of comparable plans

#People in the filing

207

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$128 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 50% of comparable plans

↗Investment performance

Not available

Plan assets changed 31.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202473out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions82nd percentileTypical peer $1,636 · based on 176 comparable plans

Lower reported administrative expense50th percentileTypical peer $127 · based on 184 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, 3 PHASE ELEVATOR CORP. reported $685,603 in employer contributions across the plan and 207 active participants. That works out to $3,312 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy81%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 37.8%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 4.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context73/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $685,603
Participant contributions: $1,551,263
Other contributions: $170,553
Employer share of reported contributions: 30.7%
Beginning assets: $7,432,202
Ending assets: $9,798,632
Ending net assets: $9,798,632
Ending liabilities: $0
Total income: $3,482,462
Total expenses: $1,116,032
Administrative expenses: $35,354
Participant loans: $116,514

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$2,404

2023

$2,857

2024

$3,312

Plan-paid administrative expenses per participant

2022

$122

2023

$234

2024

$128

Active participants

2022

168

2023

233

2024

207

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,312	207	9.8M	20250827175245NAL0017002352001
2023	$2,857	233	7.4M	20241014140726NAL0013420627001
2022	$2,404	168	2.5M	20231016091031NAL0024403923001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 043360900-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2018
Industry: Agriculture, forestry, fishing and hunting
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2T3D2K

Current plan terms

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Filing ACK_ID20250827175245NAL0017002352001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗