Strasner Safety Solutions 401(k) match, vesting and fees
What Strasner Safety Solutions' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Weaver and Tidwell LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 356 defined-contribution plans in mining, quarrying, and oil and gas extraction with 100 to 499 participants.
| Strasner Safety Solutions: employer contribution per participant | $1,108 | |
| Peer median | $3,000 |
| Strasner Safety Solutions: average balance | $15,849 | |
| Peer median | $70,698 |
| Strasner Safety Solutions: admin expenses ÷ assets | 1.51% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.4M at the end of plan year 2021 to $2.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 141 | $2.1M | $145K | $1,108 | 1.51% | Not published | Form 5500 ↗ |
| 2023 | 173 | $1.7M | $102K | $613 | 0.83% | Not published | 5500-SF ↗ |
| 2022 | 129 | $1.2M | $71K | $850 | 0.71% | Not published | Form 5500 ↗ |
| 2021 | 112 | $1.4M | $59K | $742 | 0.72% | Not published | Form 5500 ↗ |
Common questions
Does Strasner Safety Solutions match 401(k) contributions?
The match terms for the Safety Solutions 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $145K in employer contributions, about $1,108 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Strasner Safety Solutions 401(k) match vested?
The vesting schedule for the Safety Solutions 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Strasner Safety Solutions 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Strasner Safety Solutions, Llc..
I left Strasner Safety Solutions. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Strasner Safety Solutions, Llc., (432) 563-0400) or the recordkeeper, ADP, Inc.. The Strasner Safety Solutions old 401(k) page lists the contacts from every plan filing. Find an old Strasner Safety Solutions 401(k)
Data from the public Form 5500 annual reports Strasner Safety Solutions filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Strasner Safety Solutions. Not financial advice. Report a correction · Methodology