Plan Snapshot
- Plan Sponsor: Strada Education Foundation, INC.
- Sponsor EIN: 473044430
- Sponsor Address: 10 W. MARKET ST., INDIANAPOLIS, IN, 46204
- Plan Type: DC
- Total Participants: 1,169
- Total Assets: $87.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,169 | $87.8M | $2.8M | $5.5M |
| 2023 | 1,067 | $78.2M | $2.4M | $4.9M |
| 2022 | 1,081 | $64.7M | $2.2M | $4.4M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $25,655 | — | $25,655 |
| PROCOURSE FIDUCIARY ADVISORS, LLC | INVESTMENT ADVISOR | $23,550 | — | $23,550 |
| CLIFTONLARSONALLEN LLP | ACCOUNTANT/AUDITOR | $11,971 | — | $11,971 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- CLIFTONLARSONALLEN LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,176
- Estimated Expense Ratio: 0.070% 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 | -$28,761 | $49,205 | — | $11,971 | — |
| 2023 | -$31,089 | $19,012 | — | — | — |
| 2022 | -$18,293 | $12,616 | — | — | — |