Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Staffing 360 Solutions
Staffing 360 Solutions 401(k)
- Professional, scientific, and technical services
- Shelton, CT
- EIN 68-0680859
- 1 plan with Schedule H financials
- Plan year 2023
- Staffing 360 Solutions, Inc.
Total assets, end of year · Staffing 360 Solutions, Inc. & Subsidiaries 401(k) Plan · plan year 2023
$9,806,668
384 participants with a balance. This filing reports no recordkeeping fee and no administrative expenses excluding investment management, so there is no headline cost figure.
Source
Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240917111037NAL0005008784001, received 2024-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240917111037NAL0005008784001, received 2024-09-17
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-09-17.
Cost and contributions
Administrative expenses excluding investment management, per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 384
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240917111037NAL0005008784001, received 2024-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240917111037NAL0005008784001, received 2024-09-17
Administrative expenses per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 384
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240917111037NAL0005008784001, received 2024-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240917111037NAL0005008784001, received 2024-09-17
Administrative expenses as a share of assets
0.000%
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / $9,806,668
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240917111037NAL0005008784001, received 2024-09-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240917111037NAL0005008784001, received 2024-09-17
Employer contributions per participant
$849
Higher than 31% of the 15,688 plans $1 to 10M that report it.
Source
= $326,142 / 384
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240917111037NAL0005008784001, received 2024-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240917111037NAL0005008784001, received 2024-09-17
Employer share of total contributions
25.7%
Higher than 41% of the 15,721 plans $1 to 10M that report it.
Source
= $326,142 / $1,267,150
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240917111037NAL0005008784001, received 2024-09-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240917111037NAL0005008784001, received 2024-09-17
Plan terms, as stated in Staffing 360 Solutions, Inc.'s SEC filings
Plan terms are described in Staffing 360 Solutions, Inc.'s SEC filings: Form 10-K filed 2024-06-12. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20240917111037NAL0005008784001, received 2024-09-17
Full record, Staffing 360 Solutions, Inc. & Subsidiaries 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | STAFFING 360 SOLUTIONS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Plan name | STAFFING 360 SOLUTIONS, INC. & SUBSIDIARIES 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Sponsor EIN / plan number | 68-0680859 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Sponsor location | SHELTON, CT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Industry (business code) | 541990, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Filing received | 2024-09-17 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Participants, beginning of year | 1,953 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Active participants | 1,252 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Participants, end of year | 1,521 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Participants with an account balance | 384 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Total assets, beginning of year | $9,038,939 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Total assets, end of year | $9,806,668 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Net assets, end of year | $9,806,668 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Total income | $2,698,830 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Net income | $767,729 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Employer contributions | $326,142 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Participant contributions | $661,273 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Other contributions (incl. rollovers) | $279,735 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Total contributions | $1,267,150 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Benefit payments | $1,931,101 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Total expenses (incl. benefit payments) | $1,931,101 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Total administrative expenses | $0 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Administrative expenses excluding investment management | $0 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Held in mutual funds | $9,121,728 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20240917111037NAL0005008784001, received 2024-09-17 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20240917111037NAL0005008784001, received 2024-09-17 |
Position = column in the DOL layout for form year 2023. Filing 20240917111037NAL0005008784001, received 2024-09-17.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| NATIONWIDErecordkeeper | SERVICE PROVIDER | 15 Recordkeeping and information management; 64 Recordkeeping fees; 99 Other fees; 49 Other services; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 63 Distribution (12b-1) fees | $38,209 | yes |
| RAYMOND JAMES FINANCIAL SERVICES | SERVICE PROVIDER | 27 Investment advisory (plan); 52 Investment management fees paid indirectly by plan | $23,057 | yes |
| ANGELL PENSION GROUP | SERVICE PROVIDER | 12 Claims processing; 37 Participant loan processing; 50 Direct payment from the plan | $11,879 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20240917111037NAL0005008784001, received 2024-09-17.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.
Alerts, claims and corrections
Sponsor name as filed: STAFFING 360 SOLUTIONS, INC.; SEC registrant: Staffing 360 Solutions, Inc. (CIK 1499717, matched by EIN).