Plan Ledger DOL Form 5500 · updated monthly

Stretto401(k)

STRETTO 401(K) RETIREMENT PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Stretto reported $76,116 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $5,267 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 fell from 0.27% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,075th-largest of 9,483 plans among California employers on file, and the 1,918th of 4,798 in finance & insurance. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,264,171
Participants with balances412
Active participants314
Employer contributions$1,653,779
Employee contributions$2,833,812
Employer contribution per active participant$5,267
Average account balance$100,156
Benefits paid to participants$2,889,504
Plan auditUnmodified (clean) audit opinion
AuditorGROBSTEIN TEEPLE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$41.3M · 412 accts · $1.7M emplr
2023$34.4M · 395 accts · $1.5M emplr
2022$26.5M · 366 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,728
Investment management$21,388
Total administrative$76,116
The Stretto 401(k) match · 2024
Employer contribution per active participant$5,267
Median for plans this size$2,416
2024$5,267 per active participant
2023$4,697 per active participant
2022$4,408 per active participant

Stretto'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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$54,728
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$21,388

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$76,116 · 0.20%
2023$86,098 · 0.28%
2022$76,011 · 0.27%
Same employer
Similar plansFinance & Insurance · California
Paamco Prisma, LLC CA$43.0M · 0.04%
American Business Bank CA$42.8M · 0.02%
Altura Credit Union CA$40.9M · 0.39%
Dave Operating LLC CA$40.6M · 0.04%
Provident Savings Bank CA$40.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200447528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.