# Strack, Incorporated 401(k) Plan
Source: https://planprovider.pro/companies/strack-incorporated-581344890-001

> Strack, Incorporated's 401(k) plan: 284 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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