Strategic Cs, Llc 401(k) Plan: Login, Facts & Contact Information

Strategic Cs, Llc 401(k) Plan Facts

Plan name
STRATEGIC FINANCIAL SOLUTIONS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
STRATEGIC CS, LLC
Participants
1,320 (1,146 active employees)
Former employees with a balance
130
Plan assets
$7,348,745 at Dec 31, 2022
Average account balance
$10,903 across 674 accounts
Employer contributions
$559,407 in plan year 2022 (25% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 2015
✓ 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 Oct 13, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $2.28 million went into the plan in contributions, $559,407 of it from the employer (25%).
  • $1.42 million was paid out to participants.
  • Administrative expenses were $64,325, about $95 per account.

How the Strategic Cs, Llc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017224$1.22 million$104,148$90,099
2018285$1.77 million$244,829$223,630
2019131$3.55 million$430,822$135,112
2020877$5.76 million$495,287$666,284
20211,528$8.21 million$607,897$1.21 million
20221,320$7.35 million$559,407$1.42 million

Strategic Cs, Llc 401(k) Contact Information

Phone
212-810-4545
Mailing address
711 3RD AVENUE 6TH FLOOR, NEW YORK NY 100174029
Plan sponsor
STRATEGIC CS, LLC
Plan administrator
SIDE BY SIDE FINANCIALS, INC.
Employer identification number (EIN)
46-2683176
Plan number
001

Questions about the Strategic Cs, Llc 401(k)

Does Strategic Cs, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $559,407, 25% of all contributions.

Does the Strategic Cs, Llc 401(k) have automatic enrollment?

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

How many people are in the Strategic Cs, Llc 401(k) plan?

1,320 participants at the start of plan year 2022, 1,146 of them active employees, and 130 former employees who still had money in the plan.

What is the average 401(k) balance at Strategic Cs, Llc?

About $10,903 per account: $7.35 million in plan assets across 674 accounts with a balance at the end of plan year 2022.

Who manages the Strategic Cs, Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Strategic Cs, Llc. How do I access my 401(k)?

Your account stays with Principal 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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