# Strand Development Company LLC 401(k) Plan
Source: https://planprovider.pro/companies/strand-development-company-llc-401k-plan

> Strand Development Company LLC's 401(k) plan: 772 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Strand Development Company LLC

- **Sponsor EIN:** 582319320

- **Sponsor Address:** 1101 JOHNSON AVENUE, MYRTLE BEACH, SC, 29577

- **Plan Type:** 401(k)

- **Total Participants:** 772

- **Total Assets:** $3.9M

## 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|772|$3.9M|$208,192|$415,560|

| 2023|360|$3.0M|$180,605|$344,055|

| 2022|342|$2.5M|$179,876|$334,081|

## 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|

| SMITH SAPP BOOKHOUT ET AL|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$19,879|$1,221|—|—|—|

| 2023|$17,583|$1,236|—|—|—|

| 2022|$16,291|$1,251|—|—|—|

## Similar Plans

- [Johnson Development Associates, INC.](https://planprovider.pro/companies/johnson-development-associates-inc-401k-plan) — 157 participants

- [Carolina Contracting & Investments INC.](https://planprovider.pro/companies/carolina-contracting-investments-inc-401k-plan) — 9 participants

- [Sea Oats Vacation Property Management, INC.](https://planprovider.pro/companies/sea-oats-vacation-property-management-inc-401k-plan) — 8 participants

- [Frbg Corp.](https://planprovider.pro/companies/frbg-corp-plan) — 2 participants

- [Sen Enterprises, INC.](https://planprovider.pro/companies/sen-enterprises-inc-401k-plan) — 2 participants

- [Willpower Property Services, INC.](https://planprovider.pro/companies/willpower-property-services-inc-401k-plan) — 1 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/strand-development-company-llc-401k-plan)

© 2026 PlanProvider.Pro