Back to filter
Original filing (PDF)20251009111810NAL0003519779001
STRATEGIC BENEFITS PLUS, LLC
Form 5500
FILING_RECEIVED
STRATEGIC BENEFITS PLUS, LLC 401(K) PLAN
401(k) retirement plan
Signals · 1
~96 bps in Sched C fees
Active participants
360
Accounts w/ balance
182
Plan assets (EOY)
$3.8M
Net assets (EOY)
$3.8M
How this plan invests
This plan
9 pooled trusts
Schedule D
29 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
88
/ 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
65
Vendor stack
100
Participation health
80
Knocking points off
- 96 bps in Schedule C fees — 85% above peer band of 52 bps.
- 51% balance-to-active ratio — below typical for a healthy 401(k).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for STRATEGIC BENEFITS PLUS, LLC.
Plan sponsor
Name
STRATEGIC BENEFITS PLUS, LLC
EIN
88-0883913
Address
778 LIBERTY ROAD · FLOWOOD, MS · 39232
Phone
(769) 239-3790
Industry
Health Care & Social Assistancesee 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
2025-10-09
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
2V · PEO multiple-employer plan
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
FORVIS MAZARS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INS CO AMERICA | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $14K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WELLS FARGO ADVISORS | — | ST. LOUIS, MO | INVESTMENT ADV | $19K | — |
| EMPOWER ADVISORY GROUP LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $4K | — |
Investments
20 direct securities · 9 pooled funds· $3.7M(97% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$2.0M
9 holdings
Uncategorized
$1.6M
18 holdings
Guaranteed Income / GIC
$39K
1 holding
Mutual Funds
$4K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| PUTNAM RETIREMENT ADVANTAGE 2050 X PUTNAM INVESTMENTS CIT · EIN 26-0787670 / PN 258 | Common Collective Trust | — | — | $705K | 18.4% | |
| Fidelity 500 Index | — | — | — | $598K | 15.7% | |
| PUTNAM RETIREMENT ADVANTAGE 2055 X PUTNAM INVESTMENTS CIT · EIN 26-0787670 / PN 272 | Common Collective Trust | — | — | $426K | 11.1% | |
| PUTNAM RETIREMENT ADVANTAGE 2045 X PUTNAM INVESTMENTS CIT · EIN 26-1208510 / PN 259 | Common Collective Trust | — | — | $352K | 9.2% | |
| American Funds American Funds Growth Portfolio R-6 | — | — | — | $216K | 5.7% | |
| American Funds American Funds New World R6 | — | — | — | $199K | 5.2% | |
| PUTNAM RETIREMENT ADVANTAGE 2040 X PUTNAM INVESTMENTS CIT · EIN 26-1384398 / PN 260 | Common Collective Trust | — | — | $154K | 4.0% | |
| STATE STREET RUSSELL SMALL CAP II STATE STREET GLOBAL ADVISORS COLLECTIVE TRUST · EIN 04-0025081 / PN 000 | Common Collective Trust | — | — | $153K | 4.0% | |
| MFS Investment Mgt Mfs International Growth R6 | — | — | — | $128K | 3.4% | |
| PUTNAM RETIREMENT ADVANTAGE 2060 X PUTNAM INVESTMENTS CIT · EIN 27-3616920 / PN 273 | Common Collective Trust | — | — | $126K | 3.3% | |
| Blackrock Ishares Russell Mid-Cap Index K | — | — | — | $114K | 3.0% | |
| American Funds American Funds American Balanced R6 | — | — | — | $95K | 2.5% | |
| PUTNAM RETIREMENT ADVANTAGE 2035 X PUTNAM INVESTMENTS CIT · EIN 26-0787945 / PN 261 | Common Collective Trust | — | — | $63K | 1.6% | |
| T.Rowe T. Rowe Price Global Stock I | — | — | — | $52K | 1.3% | |
| maturing through December 2029 | — | — | — | $46K | 1.2% | |
| SSGA REAL ASSET FUND C STATE STREET GLOBAL ADVISORS COLLECTIVE TRUST · EIN 90-0337987 / PN 280 | Common Collective Trust | — | — | $42K | 1.1% | |
| * Empower Ei Fixed Account - Series Class I | Guaranteed Income / GIC | — | — | $39K | 1.0% | |
| Empower Core Bond Fund Inst | — | — | — | $37K | 1.0% | |
| American Funds American Funds American Mutual R6 | — | — | — | $36K | 0.9% | |
| DFA Real Estate Securities I | — | — | — | $31K | 0.8% | |
| JP Morgan Jpmorgan Large Cap Growth R6 | — | — | — | $25K | 0.7% | |
| American Century American Century Mid Cap Value R6 | — | — | — | $21K | 0.6% | |
| American Funds American Funds Gr And Inc Port R-6 | — | — | — | $14K | 0.4% | |
| Blackrock Strategic Global Bond K | — | — | — | $10K | 0.3% | |
| PUTNAM RETIREMENT ADVANTAGE 2030 X PUTNAM INVESTMENTS CIT · EIN 26-0788040 / PN 262 | Common Collective Trust | — | — | $6K | 0.2% | |
| JP Morgan Jpmorgan Income R6 | — | — | — | $6K | 0.2% | |
| First Trust Federated Hermes Total Return Bond R6 | — | — | — | $6K | 0.2% | |
| American Funds Amer Funds Conserv G/I Portfolio R6 | Mutual Funds | — | — | $4K | <0.1% | |
| Janus Henderson Janus Henderson Enterprise N | — | — | — | $1K | <0.1% |
Related plans
Other plans using WELLS FARGO ADVISORS
SOUTHERN CALIFORNIA PERMANENTE MEDICAL GROUP
SCPMG KEOGH PLAN
$7.9B · 11,088 participants
BOARD OF TRUSTEES ANNUITY FUND IUOE LOCAL 15, 15A, 15C, 15D AFL-CIO
ANNUITY FUND IUOE LOCAL 15, 15A, 15C, 15D AFL-CIO
$2.1B · 3,256 participants
SIDLEY AUSTIN LLP
SIDLEY AUSTIN LLP SAVINGS AND INVESTMENT PLAN
$1.9B · 3,442 participants
OLIN CORPORATION
OLIN CORPORATION EMPLOYEES PENSION PLAN
$1.8B · 1,813 participants
PAYCHEX RETIREMENT LLC
PAYCHEX POOLED EMPLOYER 401(K) PLAN
$1.8B · 621,703 participants
OLIN CORPORATION
OLIN CORPORATION RETIREMENT SAVINGS PLAN
$1.4B · 6,731 participants
Similar-size Health Care & Social Assistance plans
KLAMATH HEALTH PARTNERSHIP INC
KLAMATH HEALTH PARTNERSHIP INC PNTSA
$3.8M · 117 participants
CHEVY CHASE ENDODONTICS, L.L.C.
CHEVY CHASE ENDODONTICS, L.L.C. 401(K) PLAN
$3.8M · 6 participants
COMPLETE MEDICAL CARE SERVICES OF N , PC DBA COMPLETE CARE
COMPLETE CARE CASH BALANCED PLAN
$3.8M · 17 participants
RENUKA H. BHATT, M.D., S.C.
RENUKA H. BHATT, M.D., S.C. 401(K) PROFIT SHARING PLAN
$3.8M · 13 participants
NEUROTECH LLC
NEUROTECH LLC 401(K) RETIREMENT PLAN
$3.8M · 141 participants
FRANK J. SCHLEHR
FRANK J. SCHLEHR,MD PC 401(K) PROFIT SHARING PLAN
$3.8M · 8 participants
Large plans in Mississippi
CADENCE BANK
CADENCE 401(K) PROFIT-SHARING PLAN
$817.1M · 5,423 participants
HANCOCK WHITNEY CORPORATION
HANCOCK WHITNEY CORPORATION PENSION PLAN
$734.5M · 1,476 participants
ERGON, INC.
ERGON 401(K) PLAN
$651.4M · 3,470 participants
V2X, INC.
V2X 401K RETIREMENT PLAN
$644.4M · 13,781 participants
HANCOCK WHITNEY CORPORATION
HANCOCK WHITNEY CORPORATION 401(K) SAVINGS PLAN
$607.6M · 3,341 participants
SOUTHERN FARM BUREAU CASUALTY INSURANCE COMPANY
SOUTHERN FARM BUREAU AND ADOPTING COMPANIES 401(K) PLAN
$528.3M · 2,710 participants