Plan Ledger DOL Form 5500 · updated monthly

Strategic Risk Solutions, Inc401(k)

STRATEGIC RISK SOLUTIONS INC 401(K) PROFIT SHARING PLAN AND TRUST · CONCORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Strategic Risk Solutions, Inc reported $35,398 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $4,999 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,113th-largest of 2,726 plans among Massachusetts employers on file, and the 4,659th of 11,654 in professional & technical services. In 2024, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,704,804
Participants with balances148
Active participants118
Employer contributions$589,904
Employee contributions$1,668,887
Employer contribution per active participant$4,999
Average account balance$173,681
Benefits paid to participants$1,969,420
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,033
Investment management$8,365
Total administrative$35,398
The Strategic Risk Solutions, Inc 401(k) match · 2024
Employer contribution per active participant$4,999
Median for plans this size$2,416

Strategic Risk Solutions, Inc's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,033
GUIDANCE POINT RETIREMENT SERVICES · Investment advisory (plan)$6,500

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

Administrative cost history1
2024$35,398 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Nitsch Engineering, Inc MA$26.3M · 0.15%
Ora, Inc. MA$26.2M · 0.03%
C4 Therapeutics, Inc. MA$26.0M · 0.00%
Validity Inc. MA$25.7M · 0.36%
Mak Technologies, Inc. MA$25.3M · 0.30%
Ocular Therapeutix, Inc. MA$25.1M · 0.46%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043199991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.