Employers › Staffmark Group › plan 001
Recordkeeping fees per participant · Staffmark Group, LLC 401(k) Plan · plan year 2023
$11.91
Higher than 14% of the 4,947 plans $50 to 250M that report it.
= $63,908 / 5,366
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240205165807NAL0018819219001, received 2024-02-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240205165807NAL0018819219001, received 2024-02-05
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2023-03-31, filing received 2024-02-05.
Administrative expenses excluding investment management, per participant
$14.01
Higher than 10% of the 7,895 plans $50 to 250M that report it.
= $75,158 / 5,366
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240205165807NAL0018819219001, received 2024-02-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240205165807NAL0018819219001, received 2024-02-05
Administrative expenses per participant
$15.33
Higher than 6% of the 8,189 plans $50 to 250M that report it.
= $82,239 / 5,366
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240205165807NAL0018819219001, received 2024-02-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240205165807NAL0018819219001, received 2024-02-05
Administrative expenses as a share of assets
0.063%
Higher than 26% of the 8,206 plans $50 to 250M that report it.
= $82,239 / $130,153,503
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240205165807NAL0018819219001, received 2024-02-05
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240205165807NAL0018819219001, received 2024-02-05
Employer contributions per participant
$0
Higher than 0% of the 8,268 plans $50 to 250M that report it.
= $1,268 / 5,366
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240205165807NAL0018819219001, received 2024-02-05
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240205165807NAL0018819219001, received 2024-02-05
Employer share of total contributions
0.1%
Higher than 1% of the 8,285 plans $50 to 250M that report it.
= $1,268 / $2,421,656
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240205165807NAL0018819219001, received 2024-02-05
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240205165807NAL0018819219001, received 2024-02-05
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3B · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20240205165807NAL0018819219001, received 2024-02-05
| Field | Value | Source |
|---|---|---|
| Plan sponsor | STAFFMARK GROUP, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Plan name | STAFFMARK GROUP, LLC 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Sponsor EIN / plan number | 06-1553489 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Sponsor location | CINCINNATI, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Industry (business code) | 561300, Administrative and support and waste management services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Plan year | 2023-01-01 to 2023-03-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Filing received | 2024-02-05 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Participants, beginning of year | 5,535 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Active participants | 1,933 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Participants, end of year | 5,366 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Participants with an account balance | 5,366 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Total assets, beginning of year | $0 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Total assets, end of year | $130,153,503 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Net assets, end of year | $130,153,503 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Total income | $9,136,806 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Net income | $4,385,112 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Employer contributions | $1,268 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Participant contributions | $2,056,462 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Other contributions (incl. rollovers) | $363,926 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Total contributions | $2,421,656 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Benefit payments | $4,621,207 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Total expenses (incl. benefit payments) | $4,751,694 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Total administrative expenses | $82,239 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Contract administrator fees | $11,250 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Recordkeeping fees | $63,908 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Investment advisory and management fees | $7,081 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Administrative expenses excluding investment management | $75,158 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Held in common/collective trusts | $9,785,440 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Held in mutual funds | $119,184,851 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20240205165807NAL0018819219001, received 2024-02-05 |
| Independent auditor | MAZARS USA LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20240205165807NAL0018819219001, received 2024-02-05 |
Position = column in the DOL layout for form year 2023. Filing 20240205165807NAL0018819219001, received 2024-02-05.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $63,908 | yes |
| RAYMOND JAMES & ASSOCIATES, INC | OTHER | 99 Other fees | $11,250 | no |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | 28 Investment management | $7,081 | no |
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 20240205165807NAL0018819219001, received 2024-02-05.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.