Strong Home Mortgage 401(K) Plan — Form 5500 plan (Strong Home Mortgage, LLC)
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, Strong Home Mortgage 401(K) Plan is a benefit plan reported by Strong Home Mortgage, LLC under EIN 82-2650124 and plan number 001. The latest loaded filing year is 2023. The filing reports 166 participants and $5,657,932 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.7MPlan net assets, end of year$5,657,932
Participants166Covered participants reported
Assets / participant$34.1KComputed: assets ÷ participants$34,084 (computed)
Provider compensation$54.7K4 Schedule C provider row(s)$54,651
- Plan sponsor
- Strong Home Mortgage, LLC
- EIN
- 82-2650124
- Plan number
- 001
- Plan type
- 2
- Location
- Manassas, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 166 | H, C | 20241010080941NAL0020678561001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$5.7M total assets
Net assets$5.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $5,657,932
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,657,932
- Net assets (BOY)
- $5,535,979
Income & contributions
- Employer contributions
- $39,487
- Participant contributions
- $353,707
- Total contributions
- $487,353
- Total income / additions
- $1,426,086
Expenses & distributions
- Benefits paid
- $1,262,273
- Administrative expenses
- $41,860
- Total expenses
- $1,304,133
- Net increase / (decrease)
- $121,953
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
90%
Employer 10%Participant 90%
Total expenses ÷ net assets23%Computed ratio
Benefits paid ÷ total income89%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,885 | $0 | 2023 |
| Variable Contract Agency | OTHER SERVICES | $0 | $10,309 | 2023 |
| Retirement Benefit Solutions, LLC | CONTRACT ADMINISTRATOR | $5,975 | $2,482 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Strong Home Mortgage, LLC
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Manassas, VA
- Principal Life Insurance Company — Schedule C compensation
- Variable Contract Agency — Schedule C compensation
- Retirement Benefit Solutions, LLC — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation