Plan Snapshot
- Plan Sponsor: Strata, INC.
- Sponsor EIN: 820377184
- Sponsor Address: 8653 W. HACKAMORE DRIVE, BOISE, ID, 837091667
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $7.7M
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 | 93 | $7.7M | $221,185 | $419,823 |
| 2023 | 90 | $6.8M | $216,170 | $406,061 |
| 2022 | 80 | $6.3M | $196,393 | $392,678 |
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 |
|---|---|---|---|---|
| SORREN CPAS, P.C. | Auditor | $9,500 | — | $9,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,500
- Estimated Expense Ratio: 0.124% 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 | $40,575 | $24,150 | $6,925 | $9,500 | — |
| 2023 | $56,646 | $21,687 | $17,959 | $17,000 | — |
| 2022 | $325 | — | — | — | $325 |