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EMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC 401k Plan overview

Plan NameEMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC
Plan identification number 001

EMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

ELKO MINING GROUP LLC has sponsored the creation of one or more 401k plans.

Company Name:ELKO MINING GROUP LLC
Employer identification number (EIN):464027264
NAIC Classification:212200
NAIC Description: Metal Ore Mining

Additional information about ELKO MINING GROUP LLC

Jurisdiction of Incorporation: Nevada Department of State
Incorporation Date: 2013-10-28
Company Identification Number: 20131630003
Legal Registered Office Address: 318 N CARSON ST #208

CARSON CITY
United States of America (USA)
89701

More information about ELKO MINING GROUP LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LISANNA LEWIS2024-10-08
0012022-01-01
0012022-01-01LISANNA LEWIS
0012021-01-01LISANNA LEWIS2022-09-13
0012020-01-01LISANNA LEWIS2021-06-23
0012019-01-01LISANNA LEWIS2020-07-30
0012018-01-01LISANNA LEWIS2019-07-25
0012018-01-01LISANNA LEWIS2019-07-25
0012017-01-01LISANNA LEWIS2018-09-26 LISANNA LEWIS2018-09-26

Financial Data on EMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC

Measure Date Value
2025 : EMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC 2025 401k financial data
Total expenses incurred by plan in this plan year2025-10-152110983
Net assets as of the end of the plan year2025-10-152415623
Total assets as of the beginning of the plan year2025-10-153733955
Value of plan covered by a fidelity bond2025-10-15500000
Participant contributions to plan in this plan year2025-10-1538446
Other expenses paid from plan in this plan year2025-10-156994
Other contributions to plan in this plan year2025-10-15155345
Other income to plan in this plan year2025-10-15581437
Plan net income in this plan year2025-10-15-1318332
Net assets as of the end of the plan year2025-10-152415623
Net assets as of the beginning of the plan year2025-10-153733955
Employer contributions to plan in this plan year2025-10-1517423
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-15756
2024 : EMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-08494401
Net assets as of the end of the plan year2024-10-083733955
Total assets as of the beginning of the plan year2024-10-083183903
Value of plan covered by a fidelity bond2024-10-08500000
Participant contributions to plan in this plan year2024-10-08260041
Value of participant loans at end of plan year2024-10-087565
Other expenses paid from plan in this plan year2024-10-080
Other contributions to plan in this plan year2024-10-08125760
Other income to plan in this plan year2024-10-08540771
Plan net income in this plan year2024-10-08550052
Net assets as of the end of the plan year2024-10-083733955
Net assets as of the beginning of the plan year2024-10-083183903
Employer contributions to plan in this plan year2024-10-08117881
Fees paid to broker by Benefit Provider2024-10-08838
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-08333
2022 : EMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC 2022 401k financial data
Total income from all sources2022-12-31$-108,511
Expenses. Total of all expenses incurred2022-12-31$366,421
Benefits paid (including direct rollovers)2022-12-31$359,382
Total plan assets at end of year2022-12-31$3,183,903
Total plan assets at beginning of year2022-12-31$3,658,835
Value of fidelity bond covering the plan2022-12-31$500,000
Total contributions received or receivable from participants2022-12-31$338,019
Expenses. Other expenses not covered elsewhere2022-12-31$255
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-605,831
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-474,932
Net plan assets at end of year (total assets less liabilities)2022-12-31$3,183,903
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$3,658,835
Assets. Value of participant loans2022-12-31$11,187
Total contributions received or receivable from employer(s)2022-12-31$159,301
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$6,784
Total transfers to/from plan in this plan year2022-09-130
Total liabilities as of the end of the plan year2022-09-130
Total liabilities as of the beginning of the plan year2022-09-130
Total expenses incurred by plan in this plan year2022-09-13666597
Net assets as of the end of the plan year2022-09-133658835
Total assets as of the beginning of the plan year2022-09-133252935
Value of plan covered by a fidelity bond2022-09-13500000
Participant contributions to plan in this plan year2022-09-13362090
Value of participant loans at end of plan year2022-09-1314788
Other expenses paid from plan in this plan year2022-09-13433
Other contributions to plan in this plan year2022-09-13886
Other income to plan in this plan year2022-09-13544135
Plan net income in this plan year2022-09-13405900
Net assets as of the end of the plan year2022-09-133658835
Net assets as of the beginning of the plan year2022-09-133252935
Employer contributions to plan in this plan year2022-09-13165386
Fees paid to broker by Benefit Provider2022-09-13822

Form 5500 Responses for EMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC

2022: EMPLOYEE BENEFIT PLAN OF ELKO MINING GROUP LLC 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

MUTUAL OF AMERICA LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88668 )
Policy contract number060064G
Policy instance 1
Insurance contract or identification number060064G
Number of Individuals Covered135
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Total amount of commissions paid to insurance brokerUSD $0
Total amount of fees paid to insurance companyUSD $2,302
Are there contracts with allocated funds for individual policies?0
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration1
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?No
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

Potentially related plans

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