Plan Snapshot
- Plan Sponsor: Strippit, INC.
- Sponsor EIN: 133372065
- Sponsor Address: 12975 CLARENCE CENTER RD, AKRON, NY, 140011371
- Plan Type: DB
- Total Participants: 4
- Total Assets: $10.1M
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 | 4 | $10.1M | $0 | $0 |
| 2023 | 5 | $9.6M | $0 | $0 |
| 2022 | 7 | $8.9M | $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 |
|---|---|---|---|---|
| BURKE GROUP, NOW PART OF USI | NONE | $29,333 | — | $29,333 |
| THE VANGUARD GROUP, INC. | NONE | $13,450 | — | $13,450 |
| DAVIE KAPLAN CPA P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- DAVIE KAPLAN CPA P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,783
- Estimated Expense Ratio: 0.425% 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 | $43,595 | — | $812 | — | — |
| 2023 | $13,186 | — | — | — | — |
| 2022 | $29,971 | — | — | — | $13,427 |