Plan Snapshot
- Plan Sponsor: Strong European Imports, LLC
- Sponsor EIN: 841630046
- Sponsor Address: 1070 SOUTH MAIN STREET, SALT LAKE CITY, UT, 84101
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 167
- Total Assets: $10.3M
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 | 167 | $10.3M | $0 | $0 |
| 2024 | 126 | $9.7M | $60,852 | $491,696 |
| 2023 | 133 | $9.0M | $64,748 | $488,583 |
| 2022 | 130 | $8.4M | $70,093 | $537,651 |
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 |
|---|---|---|---|---|
| HBME, LLC | 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 |
|---|---|---|---|---|---|
| 2025 | $1,313,053 | $1,508 | $4,960 | — | — |
| 2024 | $5,647 | $982 | — | — | — |
| 2023 | $1,733 | $888 | — | — | — |
| 2022 | $6,385 | $790 | $5,595 | — | — |