Plan Ledger DOL Form 5500 · updated monthly

Stratascor LLC401(k)

STRATASCOR LLC 401(K) PROFIT SHARING PLAN & TRUST · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Stratascor LLC reported $56,435 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,134 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 3 years on file its reported administrative ratio has held roughly steady near 0.88%. 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 Virginia (1,650th of 2,266), and 8,982nd of 11,654 in professional & technical services. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 226 to 254 since 2022.

Plan summary
Net assets, end of year$7,204,704
Participants with balances213
Active participants254
Employer contributions$541,929
Employee contributions$1,216,230
Employer contribution per active participant$2,134
Average account balance$33,825
Benefits paid to participants$1,003,869
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 213 accts · $542K emplr
2023$5.6M · 188 accts · $484K emplr
2022$4.1M · 167 accts · $462K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,827
Investment management$35,748
Trustee / custodial$860
Total administrative$56,435
The Stratascor LLC 401(k) match · 2024
Employer contribution per active participant$2,134
Median for plans this size$1,313
2024$2,134 per active participant
2023$2,189 per active participant
2022$2,044 per active participant

Stratascor LLC'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 · 20242
PAYCHEX, INC. · Recordkeeping$19,317
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$34,545

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history3
2024$56,435 · 0.88%
2023$42,890 · 0.88%
2022$34,952 · 0.91%
Same employer
Similar plansProfessional & Technical Services · Virginia
Tsymmetry Inc. VA$7.1M · 0.66%
Lynch Consultants, LLC VA$7.0M · 0.11%
Droneup, LLC VA$6.9M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475656068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.