Plan Ledger DOL Form 5500 · updated monthly

America's Staffing Partner, Inc.401(k)

THE CONTRACTORS RETIREMENT PLAN · BETHLEHEM, PA · plan year 2022

Reported admin expense ratio · 2022
0.77%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

America's Staffing Partner, Inc. reported $20,500 in plan administrative expenses for 2022: 0.77% of average plan assets, above the peer median. Employer contributions averaged $1,006 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.77% to 1.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (3,376th of 3,651), and 4,872nd of 5,337 in construction. In 2022, the employer put in $2.37 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,856,331
Participants with balances521
Active participants309
Employer contributions$310,833
Employee contributions$131,022
Employer contribution per active participant$1,006
Average account balance$3,563
Benefits paid to participants$1,487,419
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 371 accts · $79K emplr
2023$1.8M · 443 accts · $166K emplr
2022$1.9M · 521 accts · $311K emplr
Administrative expenses, itemized · 2022
Professional / advisory$20,500
Total administrative$20,500
The America's Staffing Partner, Inc. 401(k) match · 2022
Employer contribution per active participant$1,006
Median for plans this size$1,114
2024$340 per active participant
2023$616 per active participant
2022$1,006 per active participant

America's Staffing Partner, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$20,225 · 1.16%
2023$39,203 · 2.15%
2022$20,500 · 0.77%
Similar plansConstruction · Pennsylvania
Turn Key Realty, LLC PA$2.3M · 0.13%
Apex Homes of PA, LLC PA$2.0M · 0.09%
Wenrich Painting, Inc. PA$2.0M · 1.99%
Penn Residential Inc PA$1.8M · 0.75%
Fioptix, Inc. PA$1.7M · 0.10%
Kay Builders, Inc. PA$1.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743215791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.