Plan Snapshot
- Plan Sponsor: Share Our Strength
- Sponsor EIN: 521367538
- Sponsor Address: 1030 15TH ST NW STE 1100W, WASHINGTON, DC, 200051531
- Plan Type: 401(k)
- Total Participants: 244
- Total Assets: $39.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 244 | $39.1M | $1.3M | $3.0M |
| 2023 | 274 | $33.6M | $1.3M | $3.2M |
| 2022 | 293 | $27.1M | $1.2M | $2.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $114,289 | — | $114,289 |
| KESTRA ADVISORY SERVICES, LLC | INVESTMENT ADVISORY | — | $61,350 | $61,350 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC — INVESTMENT ADVISORY
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $175,639
- Estimated Expense Ratio: 0.449% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $114,289 | — | $114,289 | — | — |
| 2023 | $107,493 | — | — | — | — |
| 2022 | $111,636 | — | — | — | — |