Plan Snapshot
- Plan Sponsor: Strand Associates, INC.
- Sponsor EIN: 391020418
- Sponsor Address: 910 WEST WINGRA DRIVE, MADISON, WI, 537151943
- Plan Type: DC
- Plan Number: 002
- Total Participants: 571
- Total Assets: $199.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 571 | $199.0M | $0 | $0 |
| 2024 | 480 | $190.4M | $16.4M | $0 |
| 2023 | 448 | $170.5M | $11.9M | $0 |
| 2022 | 454 | $137.6M | $11.4M | $0 |
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 |
|---|---|---|---|---|
| GENEVA CAPITAL MANAGEMENT | Other Service Provider | $305,687 | — | $305,687 |
| KOVITZ INVESTMENT GROUP PARTNERS | Other Service Provider | $209,809 | — | $209,809 |
| MIDWEST INSTITUTIONAL TRUST | Other Service Provider | $182,422 | — | $182,422 |
| WEALTH ENHANCEMENT ADVISORY SERVICE | Other Service Provider | $151,972 | — | $151,972 |
| MADISON INVESTMENT ADVISORS | Other Service Provider | $148,566 | — | $148,566 |
| ISTHMUS PARTNERS, LLC | Other Service Provider | $102,356 | — | $102,356 |
| ROBERT W. BAIRD & CO., INCORPORATED | Other Service Provider | $46,933 | — | $46,933 |
| BAKER TILLY US, LLP | Other Service Provider | $33,705 | — | $33,705 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,181,450
- Estimated Expense Ratio: 0.594% 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 |
|---|---|---|---|---|---|
| 2025 | $18,073,106 | $965,322 | $4,025 | $33,705 | — |
| 2024 | $1,131,404 | $906,464 | $3,063 | $32,550 | — |
| 2023 | $971,173 | $778,212 | $3,443 | $28,717 | — |
| 2022 | $880,007 | $844,944 | — | — | $35,063 |