Retirement plan

STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING TRUST

Name: STRAND ASSOCIATES, INC. - STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING TRUST (2025) Form 5500
Creator: STRAND ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING TRUST, STRAND ASSOCIATES, INC.

STRAND ASSOCIATES, INC.EIN 39-1020418Plan #002PY 2025

910 WEST WINGRA DRIVE - MADISON, WI 537151943608-251-4843strandassociatesinc.comLinkedIn201-500 employeescivil engineering

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$199M

+4.5% from 2024

Total participants

571

+2.3% from 2024

Average account balance

$349,060

+2.1% from 2024

Annual return

4.87%

-5.33 pp from 2024

Benchmarks

See 603 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort603 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$198.96M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$349K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

570

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+4.87%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$2083

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 8 by compensation

Provider	Service type	Compensation
RIDGEWORTH6 years Filed as: GENEVA CAPITAL MANAGEMENT Service code 28 · EIN 39-1567956	Investment Management	$305,687
KOVITZ INVESTMENT GROUP7 years Filed as: KOVITZ INVESTMENT GROUP PARTNERS Service code 28 115 SOUTH LASALLE STREET 27TH FLOOR · CHICAGO, IL 60603	Investment Management	$209,809
MIDWEST INSTITUTIONAL TRUST COMPANY2 years Filed as: MIDWEST INSTITUTIONAL TRUST Service code 19 · EIN 93-1799133	Securities Custodian	$182,422
WEALTH MANAGEMENT SYSTEMS INC6 years Filed as: WEALTH ENHANCEMENT ADVISORY SERVICE Service code 28 1221 JOHN Q. HAMMONS DRIVE · MADISON, WI 53717	Investment Management	$151,972
MADISON INVESTMENT ADVISORS11+ years Service code 28 · EIN 39-1194160	Investment Management	$148,566
ISTHMUS PARTNERS, LLC6 years Service code 27 ONE PINCKNEY STREET, SUITE 818 · MADISON, WI 53703	Advisory (Plan)	$102,356
BAIRD FUNDS2 years Filed as: ROBERT W. BAIRD & CO., INCORPORATED Service code 19 777 EAST WISCONSIN AVENUE · MILWAUKEE, WI 532025391	Securities Custodian	$46,933
BAKER TILLY US, LLP6 years Service code 10 · EIN 30-1413443	Accounting	$33,705

Plan features & details

Pension benefit codes2A2E

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$2328 / participant

Trustee / custodial$172K14.4%
Investment mgmt$965K81.3%
Legal$2K0.1%
Contract admin$4K0.3%
Other / not subdivided$45K3.8%

% of EOY assets

0.597%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $33,705
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$349,060

$110,483+215.9%

$145,433+140.0%

$79,634+338.3%

Participation rate

99.8%

71.1%+28.7pp

82.1%+17.7pp

62.5%+37.3pp

Annual return

4.87%

24.62%-19.8pp

66.58%-61.7pp

36.46%-31.6pp

Employer contribution / active EE

$31,815

$4,053+685.0%

$4,554+598.5%

$2,529+1157.9%

Participant deferral / active EE

$7,216-100.0%

$7,897-100.0%

$3,835-100.0%

Admin fee / account holder

$2,083

$680+206.2%

$13,129-84.1%

$1,002+107.9%

Provider

Service type

Compensation

RIDGEWORTH6 years

Filed as: GENEVA CAPITAL MANAGEMENT

Service code 28 · EIN 39-1567956

Investment Management

$305,687

KOVITZ INVESTMENT GROUP7 years

Filed as: KOVITZ INVESTMENT GROUP PARTNERS

Service code 28

115 SOUTH LASALLE STREET 27TH FLOOR · CHICAGO, IL 60603

Investment Management

$209,809

MIDWEST INSTITUTIONAL TRUST COMPANY2 years

Filed as: MIDWEST INSTITUTIONAL TRUST

Service code 19 · EIN 93-1799133

Securities Custodian

$182,422

WEALTH MANAGEMENT SYSTEMS INC6 years

Filed as: WEALTH ENHANCEMENT ADVISORY SERVICE

Service code 28

1221 JOHN Q. HAMMONS DRIVE · MADISON, WI 53717

Investment Management

$151,972

MADISON INVESTMENT ADVISORS11+ years

Service code 28 · EIN 39-1194160

Investment Management

$148,566

ISTHMUS PARTNERS, LLC6 years

Service code 27

ONE PINCKNEY STREET, SUITE 818 · MADISON, WI 53703

Advisory (Plan)

$102,356

BAIRD FUNDS2 years

Filed as: ROBERT W. BAIRD & CO., INCORPORATED

Service code 19

777 EAST WISCONSIN AVENUE · MILWAUKEE, WI 532025391

Securities Custodian

$46,933

BAKER TILLY US, LLP6 years

Service code 10 · EIN 30-1413443

Accounting

$33,705

STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRAND ASSOCIATES, INC. EMPLOYEES PROFIT SHARING TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion