2023 Form 5500 filing — Strata Corporation 401(K)
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014104305NAL0025950833001) for Strata Corporation 401(K), reported by Strata Corporation under EIN 45-0276869 and plan number 001. It reports 902 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014104305NAL0025950833001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Strata Corporation
- EIN
- 45-0276869
- Plan number
- 001
- Location
- Grand Forks, ND
- Participants
- 902
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $54,130,299
- Total liabilities (EOY)
- $15,259
- Net assets (EOY)
- $54,115,040
- Employer contributions
- $324,950
- Participant contributions
- $2,560,457
- Total income / additions
- $10,459,856
- Benefits paid
- $6,304,335
- Administrative expenses
- $141,381
- Total expenses
- $6,445,716
- Net increase / (decrease)
- $4,014,140
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alerus Financial, N.A. | NONE | $132,785 | $0 |
| Alerus Investment Advisors, Inc. | NONE | $8,596 | not reported in the loaded dataset |