Plan Snapshot
- Plan Sponsor: Stratascor LLC
- Sponsor EIN: 475656068
- Sponsor Address: 3351 STONESHORE RD STE 203, VIRGINIA BEACH, VA, 234524865
- Plan Type: 401(k)
- Total Participants: 254
- Total Assets: $7.2M
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 | 254 | $7.2M | $541,929 | $1.2M |
| 2023 | 221 | $5.6M | $483,767 | $1.2M |
| 2022 | 226 | $4.1M | $461,974 | $1.1M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT 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 | $56,435 | $35,748 | $19,827 | — | — |
| 2023 | $42,890 | $27,699 | $14,331 | — | — |
| 2022 | $34,952 | $22,208 | $12,744 | — | — |