Plan Ledger DOL Form 5500 · updated monthly

Strategic Cs, LLC401(k)

STRATEGIC FINANCIAL SOLUTIONS 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.85%

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

Strategic Cs, LLC reported $64,325 in plan administrative expenses for 2022: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $488 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New York (4,026th of 5,648), and 4,241st of 4,798 in finance & insurance. In 2022, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,348,745
Participants with balances674
Active participants1,146
Employer contributions$559,407
Employee contributions$1,641,139
Employer contribution per active participant$488
Average account balance$10,903
Benefits paid to participants$1,417,945
Plan auditUnmodified (clean) audit opinion
AuditorFREED MAXICK
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$64,325
Total administrative$64,325
The Strategic Cs, LLC 401(k) match · 2022
Employer contribution per active participant$488
Median for plans this size$1,114

Strategic Cs, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$64,325 · 0.85%
All plans at this employer2
STRATEGIC FINANCIAL SOLUTIONS 401(K) PLAN401(k)
STRATEGIC ESOPESOP
Similar plansFinance & Insurance · New York
US Mortgage Corporation NY$7.5M · 0.67%
Catskill Hudson Bank NY$7.1M · 0.02%
Fora Financial LLC NY$6.8M · 0.05%
Petal Card, Inc. NY$6.6M · 0.52%
Narmi Inc. NY$6.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462683176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.