Plan Snapshot
- Plan Sponsor: Strategic Property Associates, LLC
- Sponsor EIN: 582447158
- Sponsor Address: 27422 PORTOLA PARKWAY, STE 150, FOOTHILL RANCH, CA, 92630
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $7.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 186 | $7.6M | $146,411 | $300,592 |
| 2023 | 188 | $6.3M | $105,901 | $273,293 |
| 2022 | 192 | $5.2M | $113,692 | $326,562 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INS. CO | Other Service Provider | $1,937 | $53,495 | $55,432 |
| FINANCIAL MGM NTWK INC | Other Service Provider | — | $17,156 | $17,156 |
| RAYMOND, REEVES & STOUT LLP | Other Service Provider | $8,005 | — | $8,005 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,593
- Estimated Expense Ratio: 1.066% 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 | $27,109 | — | — | — | — |
| 2023 | $38,009 | — | — | — | — |
| 2022 | $33,742 | — | — | — | — |