Plan Snapshot
- Plan Sponsor: Strongmind, INC.
- Sponsor EIN: 474746942
- Sponsor Address: 2471 NORTH ARIZONA AVE, CHANDLER, AZ, 85255
- Plan Type: 401(k)
- Total Participants: 546
- Total Assets: $17.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 546 | $17.1M | $951,680 | $1.5M |
| 2023 | 521 | $14.8M | $866,860 | $1.4M |
| 2022 | 457 | $11.3M | $1.0M | $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 |
|---|---|---|---|---|
| PFG ADVISORS, LLC | REGISTERED INVESTMENT AD | $19,171 | — | $19,171 |
| PFG ADVISORS LLC | INVESTMENT ADVISOR | $17,036 | — | $17,036 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $6,818 | — | $6,818 |
| KIMBERLIN COMPANY PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PFG ADVISORS, LLC — REGISTERED INVESTMENT AD
- KIMBERLIN COMPANY PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,025
- Estimated Expense Ratio: 0.251% 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 | $89,215 | $36,462 | $40,111 | — | — |
| 2023 | $126,136 | — | $126,136 | — | — |
| 2022 | $93,730 | — | $93,730 | — | — |