Plan Snapshot
- Plan Sponsor: Strasner Safety Solutions, LLC.
- Sponsor EIN: 651318158
- Sponsor Address: 7116 W I-20, MIDLAND, TX, 79706
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $2.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 106 | $2.1M | $145,102 | $221,507 |
| 2023 | 166 | $1.7M | $101,825 | $162,272 |
| 2022 | 65 | $1.2M | $71,397 | $116,069 |
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 |
|---|---|---|---|---|
| WEAVER AND TIDWELL LLP | 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 | $28,251 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $9,324 | — | — | — | — |