Strategic Benefits Plus 401(k) match, vesting and fees
What Strategic Benefits Plus' 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 | Empower Annuity Ins Co America | Schedule C ↗ |
| Independent auditor | Forvis Mazars LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Strategic Benefits Plus: employer contribution per participant | $3,348 | |
| Peer median | $1,468 |
| Strategic Benefits Plus: average balance | $20,963 | |
| Peer median | $37,786 |
| Strategic Benefits Plus: admin expenses ÷ assets | 1.24% | |
| Peer median | 0.39% |
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 $605K at the end of plan year 2022 to $3.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 399 | $3.8M | $609K | $3,348 | 1.24% | Not published | Form 5500 ↗ |
| 2023 | 217 | $2.1M | $332K | $2,611 | 0.83% | Not published | 5500-SF ↗ |
| 2022 | 120 | $605K | $72K | $1,219 | 0.73% | Not published | 5500-SF ↗ |
Common questions
Does Strategic Benefits Plus match 401(k) contributions?
The match terms for the Strategic Benefits Plus, LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $609K in employer contributions, about $3,348 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Strategic Benefits Plus 401(k) match vested?
The vesting schedule for the Strategic Benefits Plus, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Strategic Benefits Plus 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Ins Co America. The plan administrator is Strategic Benefits Plus, LLC.
I left Strategic Benefits Plus. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Strategic Benefits Plus, LLC, (769) 239-3790) or the recordkeeper, Empower Annuity Ins Co America. The Strategic Benefits Plus old 401(k) page lists the contacts from every plan filing. Find an old Strategic Benefits Plus 401(k)
Data from the public Form 5500 annual reports Strategic Benefits Plus filed with the U.S. Department of Labor (plan years 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 Strategic Benefits Plus. Not financial advice. Report a correction · Methodology