401(k) · DOL Form 5500 · 2024

Elite Custom Design and Renovations, Inc. 401(k) Plan

Data updated 2026-08-25

$60K
Total assets Small plan by assets
2
Participants Small participant base
4th
Percentile by assets National rank
$29,857
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan · Sponsored by Elite Custom Design and Renovations, Inc. · Minnesota · Construction

$60K in assets, 2 participants

Elite Custom Design and Renovations, Inc.'s Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan reported $60K in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 4th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #344 in Construction (9,039 peers)

Elite Custom Design and Renovations, Inc. multi-year trail

Elite Custom Design and Renovations, Inc.'s plans moved -60.3% in assets from 2023 to 2024; this filing shows Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan at $60K / 2 participants.

#344
in Construction (9,039 peers)
-60.3%
assets change YoY

The plan reported a net loss of $91K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$59,714 4th percentile higher than 4% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan reported net income fell from $151K in the plan year 2023 filing to -$91K in the plan year 2024 filing.
  • Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $151K in the plan year 2023 filing to $60K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 921129027 · Elite Custom Design and Renovations, Inc. PY 2024 · 401(k)

Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan · $60K · 2 · 4th

  • SCH $60K
  • SCH 2
  • SCH 4th
  • SCH 401(k)
  • SCH near Engineering Consulting Service 401(k) Profit Sharing Plan & Trust
  • SCH ind #344

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Minnesota →

Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing PlanElite Custom Design and Reno…$60KEngineering Consulting Service 401(k) Profit Sharing Plan & TrustEngineering Consulting Servi…$60KThe Fcb Homes 401(k) Plan$60KHealthy Chef Vending Corporation 401(k) PlanHealthy Chef Vending Corpora…$60KManda's M & P Inc. Retirement PlanManda's M & P Inc. Retiremen…$60K
End-of-year total assets ($M) among Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Elite Custom Design and Renovations, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Elite Custom Design and Renovations, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$60K 60.33004045785806% vs 2023
2024 filing year
$0.05M$0.1M$0.15M$0.2M 20232024 $0.15M $0.06M ▼ -60.0%
Year Plans Participants Total Assets
2023 1 2 $151K
2024 1 2 $60K

Elite Custom Design and Renovations, Inc. filing trail (2024)

Total Assets (Beginning of Year)$151K
Net Assets (End of Year)$60K
Net Income-$91K
Employer EIN921129027
Plan Effective Date2022-11-22
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.000059714 · Participants: 2Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Engineering Consulting Service 401(k) Profit Sharing Plan & Trust in LA ($60K); by covered participants it is Per Mgmt, Inc. 401(k) Plan in MA (2 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan assets move in 2024?
Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan contracted severely - down 60.3% during 2024, from $151K to $60K. Reported net income was -$91K.
How have Elite Custom Design and Renovations, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Elite Custom Design and Renovations, Inc.'s sponsor-wide assets declined 60.3%, from $151K to $60K.
Where does Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan ranks in the 4th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Engineering Consulting Service 401(k) Profit Sharing Plan & Trust in LA ($60K, 4 participants).
Which 401(k) plans cover a similar participant headcount to Elite Custom Design and Renovations, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Per Mgmt, Inc. 401(k) Plan in MA (2 participants, N/A in assets).