3D element missing

Hi All,
I just downloaded the 3D Element Logo Reveal. However, when I open AE I get the error that says
After Effects missing: This project contains a reference to a missing effect. Please install the following effect restore this reference.
“Element”

How do I fix this?

You need to have this plugin installed in your After Effects.
https://www.videocopilot.net/products/element2/