Strang Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Strang Corporation)
Plain-English plan 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, Strang Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Strang Corporation under EIN 34-6526284 and plan number 001. The latest loaded filing year is 2023. The filing reports 380 participants and $5,859,803 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Strang Corporation
- EIN
- 34-6526284
- Plan number
- 001
- Plan type
- 2
- Location
- Cleveland, OH
- Latest filing year
- 2023
- Participants
- 380
- End-of-year plan assets
- $5,859,803
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 380 | H, C | 20241010133844NAL0040190258001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,859,803
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,859,803
- Net assets (BOY)
- $4,578,259
Income & contributions
- Employer contributions
- $140,813
- Participant contributions
- $450,362
- Total contributions
- $829,766
- Total income / additions
- $1,752,607
Expenses & distributions
- Benefits paid
- $458,597
- Administrative expenses
- $12,466
- Total expenses
- $471,063
- Net increase / (decrease)
- $1,281,544
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | CUSTODIAN/RECORD KEEPER | $35,010 | $2,677 | 2023 |
| Moskal Gross Orchosky | TPA | $21,619 | $980 | 2023 |
| Mgo Investment Advisors | ADVISOR | $0 | $15,589 | 2023 |