Stratus Unlimited, LLC 401(k) Review & Grade
Stratus Unlimited, LLC 401(k) Plan
Mentor, OHManufacturing1,090 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,056Employer $ per active participant
$4,921Employee $ saved per active participant
0.44%Direct admin cost, % of plan assets
$49.1MNet plan assets, end of year
$38,505Average balance per account
Score breakdown
- Employer generosity9.3 / 5019th percentile for employer $ per participant
- Low cost6.9 / 2527th percentile for low admin cost vs. same-size plans
- Employee saving7.5 / 1550th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-20 pts2 issues reported on the filing
Total score7 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 19th |
| Lower admin cost | 27th |
| Employee saving | 50th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($60,291 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Stratus Unlimited put in about $1,056 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.44% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,152,015 |
| Participant (employee) contributions | $5,365,972 |
| Other contributions (incl. rollovers in) | $668,076 |
| Administrative expenses paid from the plan | $204,003 |
| Investment advisory & management fees | $110,781 |
| Benefits paid out | $8,862,431 |
| Net assets, start / end of year | $44.3M / $49.1M |
| Active participants, start / end of year | 1,014 / 1,167 |
| Participants with account balances | 1,276 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cohen & Company LTD |
Largest service providers (Schedule C)
| Morgan Stanley Smith Barney LLC | $110,781 reported compensation |
| Fidelity Investments Institutional | $93,222 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014125402NAL0006018258001, received 2025-10-14, EIN 26-2382564, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.