Strivectin Operating Company, Inc.401(k)
STRIVECTIN OPERATING COMPANY INC. 401(K) PROFIT SHARING PLAN AND TRUST · JOHNSON CITY, TN · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Strivectin Operating Company, Inc. reported $42,339 in plan administrative expenses for 2023: 0.53% of average plan assets, above the peer median. Employer contributions averaged $3,652 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 has held roughly steady near 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Tennessee (889th of 1,496), and 3,104th of 4,246 in wholesale trade. In 2023, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 105 to 91 since 2022.
Strivectin Operating Company, Inc.'s 2023 employer contribution ran above the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 270306795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.