Del-air Electrical Services, Inc. 401(k) Plan: Login, Facts & Contact Information

Del-air Electrical Services, Inc. 401(k) Plan Facts

Plan name
STRADA SERVICES, INC 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
STRADA SERVICES, INC · formerly Del-air Electrical Services, Inc.
Participants
881 (872 active employees)
Former employees with a balance
52
Plan assets
$3,961,962 at Dec 31, 2022
Average account balance
$14,150 across 280 accounts
Employer contributions
$247,041 in plan year 2022 (18% of all contributions)
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Nov 1, 2013
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Feb 14, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.40 million went into the plan in contributions, $247,041 of it from the employer (18%).
  • $245,605 was paid out to participants.
  • Administrative expenses were $42,166, about $151 per account.

How the Del-air Electrical Services, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017382$1.22 million$146,865$145,309
2018352$1.38 million$140,854$256,432
2019301$2.06 million$132,118$148,046
2020439$2.71 million$114,141$256,235
2021620$3.59 million$163,874$243,808
2022881$3.96 million$247,041$245,605

Del-air Electrical Services, Inc. 401(k) Contact Information

Phone
877-906-1113
Mailing address
3400 ST. JOHNS PARKWAY, SANFORD FL 32771
Plan sponsor
STRADA SERVICES, INC
Employer identification number (EIN)
56-2348727
Plan number
001

Questions about the Del-air Electrical Services, Inc. 401(k)

Does Del-air Electrical Services, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $247,041, 18% of all contributions.

Does the Del-air Electrical Services, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Del-air Electrical Services, Inc 401(k) plan?

881 participants at the start of plan year 2022, 872 of them active employees, and 52 former employees who still had money in the plan.

What is the average 401(k) balance at Del-air Electrical Services, Inc?

About $14,150 per account: $3.96 million in plan assets across 280 accounts with a balance at the end of plan year 2022.

Who manages the Del-air Electrical Services, Inc 401(k) accounts?

Transamerica is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Del-air Electrical Services, Inc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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