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Original filing (PDF)20251013100156NAL0000452595001
STRATA CORPORATION
Form 5500
FILING_RECEIVED
STRATA CORPORATION 401(K)
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
708
Accounts w/ balance
826
Plan assets (EOY)
$59.4M
Net assets (EOY)
$59.4M
How this plan invests
This plan
1 pooled trust
Schedule D
35 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- 23 bps in Schedule C fees — modestly above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for STRATA CORPORATION.
Plan sponsor
Name
STRATA CORPORATION
EIN
45-0276869
Address
PO BOX 13500 · GRAND FORKS, ND · 582083500
Phone
(701) 792-3072
Industry
Mining, Quarrying, Oil & Gassee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Pension benefit codes
2E · Profit-sharing
2G · Total participant-directed accounts
2J · 401(k) feature
3D · Pre-approved plan (master / prototype / VS)
2F · ERISA section 404(c)
2K · 401(m) arrangement
2T · Default investment account (QDIA)
2S · Automatic enrollment
Audit & trust (Schedule H)
Auditor
BRADY, MARTZ & ASSOCIATES, P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | 45-6062081 | — | NONE | $128K | — |
| ALERUS INVESTMENT ADVISORS, INC. | 42-1378382 | — | NONE | $9K | — |
Investments
35 direct securities · 1 pooled fund· $59.4M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Uncategorized
$59.4M
35 holdings
Common Collective Trust
$2
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund Mutual Fund | — | — | — | $6.9M | 11.6% | |
| Alerus Moderate Growth Fund Collective Investment Fund | — | — | — | $5.0M | 8.4% | |
| Dodge & Cox Income Mutual Fund | — | — | — | $4.8M | 8.0% | |
| Fidelity Contra Fund Mutual Fund | — | — | — | $4.4M | 7.5% | |
| Alerus Aggressive Growth Fund Collective Investment Fund | — | — | — | $4.0M | 6.7% | |
| Alerus Money Market Money Market | — | — | — | $3.7M | 6.2% | |
| Alerus Conservative Growth Fund Collective Investment Fund | — | — | — | $3.1M | 5.3% | |
| Vanguard Equity Income - Admiral Mutual Fund | — | — | — | $3.1M | 5.2% | |
| Janus Henderson Enterprise Fund Mutual Fund | — | — | — | $2.7M | 4.5% | |
| Vanguard Wellington Admiral Shares Fund Mutual Fund | — | — | — | $2.4M | 4.1% | |
| MFS International Equity Fund Mutual Fund | — | — | — | $2.4M | 4.0% | |
| Dimensional DFA US Targeted Value Mutual Fund | — | — | — | $1.9M | 3.1% | |
| Vanguard Small Cap Growth Index Mutual Fund | — | — | — | $1.5M | 2.6% | |
| MFS Mid Cap Value Fund R6 Mutual Fund | — | — | — | $1.5M | 2.5% | |
| Vanguard Target Retirement 2030 Mutual Fund | — | — | — | $1.1M | 1.9% | |
| AFS Small Cap World Fund R6 Mutual Fund | — | — | — | $1.0M | 1.8% | |
| Pimco High Yield Fund Institutional Class Mutual Fund | — | — | — | $1.0M | 1.7% | |
| Notes Receivable from Participants Promissory Notes - | — | — | — | $877K | 1.5% | |
| Vanguard Target Retirement 2045 Mutual Fund | — | — | — | $829K | 1.4% | |
| Cohen & Steers Global Realty Fund Mutual Fund | — | — | — | $818K | 1.4% | |
| Vanguard Retirement Savings Trust Fund Collective Investment Fund * 2 ** Alerus Conservative Income Fund Collective Investment Fund | — | — | — | $752K | 1.3% | |
| Vanguard Target Retirement 2050 Mutual Fund | — | — | — | $722K | 1.2% | |
| Vanguard Target Retirement 2020 Mutual Fund | — | — | — | $713K | 1.2% | |
| Vanguard Target Retirement 2035 Mutual Fund | — | — | — | $667K | 1.1% | |
| Vanguard Target Retirement 2040 Mutual Fund | — | — | — | $659K | 1.1% | |
| Vanguard Target Retirement 2055 Mutual Fund | — | — | — | $623K | 1.0% | |
| American Funds New World R6 Mutual Fund | — | — | — | $570K | 1.0% | |
| Vanguard Target Retirement 2060 Mutual Fund | — | — | — | $516K | 0.9% | |
| Alerus Moderate Income Fund Collective Investment Fund | — | — | — | $369K | 0.6% | |
| Vanguard Target Retirement 2025 Mutual Fund | — | — | — | $315K | 0.5% | |
| Vanguard Target Retirement Income Mutual Fund | — | — | — | $258K | 0.4% | |
| Vanguard Total Bond Index Mutual Fund | — | — | — | $102K | 0.2% | |
| Vanguard Total Institutional Stock Index Mutual Fund | — | — | — | $64K | 0.1% | |
| Vanguard Target Retirement 2065 Mutual Fund | — | — | — | $19K | <0.1% | |
| Vanguard Target Retirement 2070 Mutual Fund | — | — | — | $7K | <0.1% | |
| VANGUARD RETIREMENT SAVINGS TRUST VANGUARD FIDUCIARY TRUST COMPANY · EIN 23-2186884 / PN 022 | Common Collective Trust | — | — | $2 | <0.1% |
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