Plan Snapshot
- Plan Sponsor: Strong Services L.P.
- Sponsor EIN: 320058717
- Sponsor Address: 3784 US HWY 79 SOUTH, CARTHAGE, TX, 75633
- Plan Type: 401(k)
- Total Participants: 436
- Total Assets: $6.2M
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. |
|---|---|---|---|---|
| 2024 | 436 | $6.2M | $428,445 | $624,026 |
| 2023 | 410 | $5.7M | $354,638 | $528,565 |
| 2022 | 326 | $4.5M | $540,051 | $353,434 |
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 |
|---|---|---|---|---|
| TEXAS BANK AND TRUST | Other Service Provider | $38,564 | — | $38,564 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,564
- Estimated Expense Ratio: 0.622% 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 | $39,054 | — | — | — | — |
| 2023 | $33,544 | — | — | — | — |
| 2022 | $31,513 | — | $31,513 | — | — |