Plan Snapshot
- Plan Sponsor: Strack, Incorporated
- Sponsor EIN: 581344890
- Sponsor Address: 125 LASER INDUSTRIAL COURT, FAIRBURN, GA, 30213
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 284
- Total Assets: $14.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 284 | $14.7M | $857,418 | $1.6M |
| 2023 | 527 | $12.9M | $607,694 | $1.3M |
| 2022 | 284 | $9.3M | $581,873 | $1.1M |
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 |
|---|---|---|---|---|
| QM ADVISORS LLC | Investment Advisor | $33,962 | — | $33,962 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,962
- Estimated Expense Ratio: 0.232% 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 | $85,164 | $33,962 | — | — | — |
| 2023 | $65,177 | — | $65,177 | — | — |
| 2022 | $50,633 | — | $50,633 | — | — |