Plan Ledger DOL Form 5500 · updated monthly

Strike Technologies LLC401(k)

STRIKE TECHNOLOGIES LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Strike Technologies LLC reported $135,275 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $8,068 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 0.42%. 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 1,687th-largest of 5,648 plans among New York employers on file, and the 2,061st of 4,798 in finance & insurance. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,529,377
Participants with balances314
Active participants238
Employer contributions$1,920,272
Employee contributions$4,400,028
Employer contribution per active participant$8,068
Average account balance$119,520
Benefits paid to participants$2,433,607
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$37.5M · 314 accts · $1.9M emplr
2023$27.5M · 290 accts · $1.7M emplr
2022$19.2M · 264 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,735
Investment management$79,540
Total administrative$135,275
The Strike Technologies LLC 401(k) match · 2024
Employer contribution per active participant$8,068
Median for plans this size$2,416
2024$8,068 per active participant
2023$7,213 per active participant
2022$6,498 per active participant

Strike Technologies LLC'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$55,735
LPL FINANCIAL CORPORATION · Consulting · Insurance services$79,540

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

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Administrative cost history3
2024$135,275 · 0.42%
2023$95,486 · 0.41%
2022$73,753 · 0.40%
Similar plansFinance & Insurance · New York
Bregal Investments Inc. NY$38.1M · 0.03%
Galaxy Digital Services LLC NY$37.5M · 0.15%
Carco Group, Inc. NY$37.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208095376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.