Plan Snapshot
- Plan Sponsor: Stratix Corporation
- Sponsor EIN: 581506226
- Sponsor Address: 4920 AVALON RIDGE PARKWAY, NORCROSS, GA, 30071
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 290
- Total Assets: $25.6M
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 | 290 | $25.6M | $0 | $0 |
| 2024 | 369 | $21.7M | $568,376 | $1.8M |
| 2023 | 364 | $17.6M | $525,406 | $1.7M |
| 2022 | 321 | $14.6M | $458,625 | $1.6M |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL WEALTH MGMT CO | Investment Advisor | $67,057 | — | $67,057 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $43,676 | — | $43,676 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,733
- Estimated Expense Ratio: 0.432% 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 | $2,349,565 | $67,057 | — | — | — |
| 2024 | $91,391 | $55,109 | — | — | — |
| 2023 | $73,794 | $38,170 | — | — | — |
| 2022 | $71,680 | $18,466 | $53,214 | — | — |