Elevate Property Management, Llc 401(k) Plan: Login, Facts & Contact Information

Elevate Property Management, Llc 401(k) Plan Facts

Plan name
ELEVATE PROPERTY MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN & TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ELEVATE PROPERTY MANAGEMENT, LLC
Participants
157 (80 active employees)
Former employees with a balance
52
Plan assets
$2,005,928 at Dec 31, 2024
Average account balance
$15,795 across 127 accounts
Employer contributions
$117,935 in plan year 2024 (23% of all contributions)
Recordkeeper
Transamerica Financial Life Insuran
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2011
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $503,526 went into the plan in contributions, $117,935 of it from the employer (23%).
  • $426,422 was paid out to participants.
  • Investment and other income added $207,260.
  • Administrative expenses were $35,880, about $283 per account.

How the Elevate Property Management, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019136$875,019$64,708$262,087
2020129$1.14 million$66,737$191,803
2021120$1.67 million$143,449$95,167
2022149$1.44 million$119,483$365,384
2023127$1.76 million$129,157$349,106
2024157$2.01 million$117,935$426,422

Elevate Property Management, Llc 401(k) Contact Information

Phone
952-373-0772
Mailing address
856 LAKE STREET EAST, WAYZATA MN 553911803
Plan sponsor
ELEVATE PROPERTY MANAGEMENT, LLC
Employer identification number (EIN)
27-3695592
Plan number
001

Questions about the Elevate Property Management, Llc 401(k)

Does Elevate Property Management, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $117,935, 23% of all contributions.

Does the Elevate Property Management, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Elevate Property Management, Llc 401(k) plan?

157 participants at the start of plan year 2024, 80 of them active employees, and 52 former employees who still had money in the plan.

What is the average 401(k) balance at Elevate Property Management, Llc?

About $15,795 per account: $2.01 million in plan assets across 127 accounts with a balance at the end of plan year 2024.

Who manages the Elevate Property Management, Llc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA FINANCIAL LIFE INSURAN) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Elevate Property Management, Llc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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