Plan Ledger DOL Form 5500 · updated monthly

Strat Property Management, Inc.401(k)

STRAT PROPERTY MANAGEMENT RETIREMENT SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Strat Property Management, Inc. reported $4,915 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,390 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 fell from 0.25% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (7,925th of 9,483), and 1,750th of 2,096 in real estate & leasing. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 177 to 135 since 2022.

Plan summary
Net assets, end of year$2,843,196
Participants with balances112
Active participants135
Employer contributions$187,709
Employee contributions$341,341
Employer contribution per active participant$1,390
Average account balance$25,386
Benefits paid to participants$116,729
Plan auditUnmodified (clean) audit opinion
AuditorLEAF & COLE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 112 accts · $188K emplr
2023$2.1M · 106 accts · $171K emplr
2022$1.5M · 101 accts · $147K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,915
Total administrative$4,915
The Strat Property Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,390
Median for plans this size$1,313
2024$1,390 per active participant
2023$945 per active participant
2022$831 per active participant

Strat Property Management, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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
ASCENSUS LLC · Loan processing · Recordkeeping$4,915

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,915 · 0.20%
2023$4,814 · 0.27%
2022$3,775 · 0.25%
Same employer
Similar plansReal Estate & Leasing · California
Avanath Communities, Inc. CA$3.1M · 0.53%
Augusta Financial, Inc. CA$3.0M · 0.93%
Sd Commercial, LLC CA$2.8M · 0.65%
Mosser Companies, Inc. CA$2.7M · 0.73%
Tahoe Club Company, LLC CA$2.7M · 1.00%
Fortunebuilders, Inc. CA$2.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273442011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.