Strata Corporation 401(k) Plan: Login, Facts & Contact Information

Strata Corporation 401(k) Plan Facts

Plan name
STRATA CORPORATION 401(K)
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
STRATA CORPORATION
Participants
910 (708 active employees)
Former employees with a balance
245
Plan assets
$59,362,737 at Dec 31, 2024
Average account balance
$71,868 across 826 accounts
Employer contributions
$315,762 in plan year 2024 (11% of all contributions)
Recordkeeper
Alerus Financial, N.a.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1985
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.01 million went into the plan in contributions, $315,762 of it from the employer (11%).
  • $4.60 million was paid out to participants.
  • Investment and other income added $6.96 million.
  • Administrative expenses were $135,722, about $164 per account.

How the Strata Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019859$46.5 million$365,854$3.33 million
2020861$53.0 million$350,533$2.05 million
2021884$59.7 million$348,709$3.49 million
2022889$50.1 million$331,946$3.54 million
2023902$54.1 million$324,950$6.30 million
2024910$59.4 million$315,762$4.60 million

Strata Corporation 401(k) Contact Information

Phone
701-792-3072
Mailing address
PO BOX 13500, GRAND FORKS ND 582083500
Plan sponsor
STRATA CORPORATION
Employer identification number (EIN)
45-0276869
Plan number
001

Questions about the Strata Corporation 401(k)

Does Strata Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $315,762, 11% of all contributions.

Does the Strata Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Strata Corporation 401(k) plan?

910 participants at the start of plan year 2024, 708 of them active employees, and 245 former employees who still had money in the plan.

What is the average 401(k) balance at Strata Corporation?

About $71,868 per account: $59.4 million in plan assets across 826 accounts with a balance at the end of plan year 2024.

Who manages the Strata Corporation 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Strata Corporation. How do I access my 401(k)?

Your account stays with Alerus 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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