You can wait several more weeks to see if the bare Elderberry shrub produces new growth. Suckers (growth out of the roots or crown (base)) of the plant can emerge later than foliage would on living branches, so give it well into late spring before deeming it a lost cause if the branches themselves remain bare. Even though two of the plants starting to break bud now, it's still a bit early yet to expect Elderberry to be leafing-out. Fortunately, Elderberry tends to sucker easily if its roots are healthy. In that case, just trim off all leafless wood later this spring once it's obvious which stems are staying bare.

If this individual completely died for some reason, it could have had root damage from getting too wet or too dry at some point while it was establishing; it's hard to determine what the exact cause was this long after symptoms began. You can replace it with another Black Lace Elderberry if you think the location provides the ideal growing conditions for it - full sun (or part shade) and moist but well-drained soil.

Miri

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You're welcome.