Plan Ledger DOL Form 5500 · updated monthly

Strada Services, LLC401(k)

STRADA SERVICES, LLC 401(K) RETIREMENT PLAN · SANFORD, FL · plan year 2024

Reported admin expense ratio · 2024
1.13%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Strada Services, LLC reported $78,180 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $334 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio has held roughly steady near 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Florida (2,006th of 3,644), and 3,373rd of 5,337 in construction. In 2024, employees put in $3.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,103,680
Participants with balances439
Active participants1,331
Employer contributions$443,950
Employee contributions$1,427,978
Employer contribution per active participant$334
Average account balance$18,459
Benefits paid to participants$715,270
Plan auditUnmodified (clean) audit opinion
AuditorMOSS, KRUSICK & ASSOCIATES, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$8.1M · 439 accts · $444K emplr
2023$5.8M · 341 accts · $325K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,180
Total administrative$78,180
The Strada Services, LLC 401(k) match · 2024
Employer contribution per active participant$334
Median for plans this size$1,313
2024$334 per active participant
2023$316 per active participant

Strada Services, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$78,180 · 1.13%
2023$57,388 · 1.18%
All plans at this employer2
STRADA SERVICES, INC 401(K) RETIREMENT PLAN401(k)
STRADA SERVICES, LLC 401(K) RETIREMENT PLAN401(k)
Same employer
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The Briar Team, LLC FL$8.2M · 0.51%
J. W. Cheatham, LLC FL$7.9M · 0.46%
Rulon Company FL$7.7M · 0.03%
P & S Paving, Inc. FL$7.7M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562348727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.