Plan Ledger DOL Form 5500 · updated monthly

Strata, Inc.401(k)

STRATA, INC. 401(K) PLAN · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Strata, Inc. reported $40,575 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $2,378 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 rose from 0.00% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Idaho (196th of 349), and 8,804th of 11,654 in professional & technical services. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 80 to 93 since 2022.

Plan summary
Net assets, end of year$7,657,407
Participants with balances125
Active participants93
Employer contributions$221,185
Employee contributions$419,823
Employer contribution per active participant$2,378
Average account balance$61,259
Benefits paid to participants$721,409
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 125 accts · $221K emplr
2023$6.7M · 108 accts · $216K emplr
2022$6.2M · 108 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,925
Investment management$24,150
Audit (IQPA)$9,500
Total administrative$40,575
The Strata, Inc. 401(k) match · 2024
Employer contribution per active participant$2,378
Median for plans this size$1,313
2024$2,378 per active participant
2023$2,402 per active participant
2022$2,455 per active participant

Strata, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20244
EDWARD JONES · Investment advisory (plan)$24,150
SORREN CPAS, P.C. · Accounting / audit$9,500
RANDALL & HURLEY · Contract administrator$6,057
CAPITAL GROUP RETIREMENT PLAN$613

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

Administrative cost history3
2024$40,575 · 0.57%
2023$56,646 · 0.88%
2022$325 · 0.00%
Similar plansProfessional & Technical Services · Idaho
Gravity Payments, Inc. ID$15.7M · 0.28%
Dc Engineering, Inc. ID$13.5M · 0.51%
Tackle.Io, Inc. ID$11.3M · 0.45%
Alturas, LLC ID$8.0M · 0.10%
Zennify, Inc. ID$7.5M · 0.61%
Whitewater Brands, Inc. ID$5.0M · 0.24%
Cri Advantage, Inc. ID$4.0M · 0.85%
Marcom, LLC ID$3.6M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 820377184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.