Plan Ledger DOL Form 5500 · updated monthly

Strata Oncology, Inc.401(k)

STRATA ONCOLOGY, INC. SAFE HARBOR 401(K) PLAN · NORTHVILLE, MI · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Strata Oncology, Inc. reported $3,895 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,740 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 1 year on file its reported administrative ratio rose from 0.05% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,936th of 2,619), and 7,523rd of 11,911 in health care & social assistance. In 2023, employees put in $2.07 for every $1.00 the employer contributed; active participation has grown from 83 to 101 since 2022.

Plan summary
Net assets, end of year$5,696,915
Participants with balances115
Active participants101
Employer contributions$377,783
Employee contributions$783,755
Employer contribution per active participant$3,740
Average account balance$49,538
Benefits paid to participants$1,008,303
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 68 accts · $64K emplr
2023$5.7M · 115 accts · $378K emplr
2022$4.6M · 147 accts · $555K emplr
The Strata Oncology, Inc. 401(k) match · 2023
Employer contribution per active participant$3,740
Median for plans this size$1,308
2024$1,997 per active participant
2023$3,740 per active participant
2022$6,686 per active participant

Strata Oncology, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CAPITAL GROUP RETIREMENT SERVICES · Recordkeeping · Investment management$637
THE BENEFIT ADVANTAGE, INC. · Accounting / audit · Actuarial$2,238

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

Recordkeeper by year2
2024CAPITAL GROUP RETIREMENT SERVICES
2023CAPITAL GROUP RETIREMENT SERVICES

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

Administrative cost history3
2024Not separately reported
2023$3,895 · 0.08%
2022$2,200 · 0.05%
Similar plansHealth Care & Social Assistance · Michigan
Baruch Sls MI$5.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473857855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.