Plan Snapshot
- Plan Sponsor: Strat Property Management, INC.
- Sponsor EIN: 273442011
- Sponsor Address: 2055 THIRD AVE., SAN DIEGO, CA, 92101
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 143
- Total Assets: $3.4M
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. |
|---|---|---|---|---|
| 2025 | 143 | $3.4M | $0 | $0 |
| 2024 | 135 | $2.8M | $187,709 | $341,341 |
| 2023 | 181 | $2.1M | $170,972 | $294,774 |
| 2022 | 177 | $1.5M | $147,076 | $256,167 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $6,595 | $1 | $6,596 |
| INDEPENDENT FINANCIAL PARTNERS | Other Service Provider | $5,303 | — | $5,303 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,899
- Estimated Expense Ratio: 0.347% 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 | $409,633 | $5,303 | $6,595 | — | — |
| 2024 | $4,915 | — | $4,915 | — | — |
| 2023 | $4,814 | — | $4,814 | — | — |
| 2022 | $3,775 | — | $3,775 | — | — |