Plan Snapshot
- Plan Sponsor: Strategix Management, LLC
- Sponsor EIN: 811479787
- Sponsor Address: 2101 L STREET NW, SUITE 400, WASHINGTON, DC, 20037
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 432
- Total Assets: $99,964
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 432 | $99,964 | $2.2M | $861,042 |
| 2023 | 403 | $67,023 | $254,939 | $171,158 |
| 2022 | 339 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| OPTUMRX INC | Other Service Provider | $394,372 | $394 | $394,766 |
| UMR, INC | Other Service Provider | $70,832 | $1,305 | $72,137 |
| ALLIANT INSURANCE SVCS INC | Investment Advisor | $41,873 | — | $41,873 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $508,776
- Estimated Expense Ratio: 508.959% 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 | $141,062 | — | $70,832 | — | — |
| 2023 | $24,350 | — | $24,350 | — | — |
| 2022 | — | — | — | — | — |