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Company:
Strata Corporation
Plan:
Strata Corporation 401k Plan
 

Strata Corporation

61 Plan: Strata Corporation 401k Plan

 
 
61
35
75
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (61) and the top rated plan (91) could equate to:
[How is this calculated?]
17 additional years of work
Up to $182,600 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Strata Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Total Plan Cost. Strata Corporation 401k Plan currently has over 700 active participants and over $19.2M in plan assets.

 

 Retirement Plan Details

Address Po Box 13500
Grand Forks, ND 58208-3500 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Carol J. Peterson
Net Plan Assets $19,200,000
Total Participants 770
Avg Account Balance $25,000

 Top 3 Funds in this 401k

1. Alerus Common Stock 15%
2. PIMCO Total Return 11%
3. Alerus Diversified Bond 10%

  Plan Service Providers

Recordkeeper Alerus Financial
Auditor Drees, Riskey and Vallager, Ltd

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