Plan Ledger DOL Form 5500 · updated monthly

Central Solutions Staffing401(k)

CENTRAL SOLUTIONS STAFFING 401(K) PLAN · POMONA, NY · plan year 2022

Reported admin expense ratio · 2022
1.42%

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

Central Solutions Staffing reported $11,917 in plan administrative expenses for 2022: 1.42% of average plan assets, above the peer median. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in New York (5,376th of 5,648), and 1,781st of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$840,439
Participants with balances68
Active participants3,033
Employer contributions$0
Employee contributions$120,922
Employer contribution per active participant$0
Average account balance$12,359
Benefits paid to participants$6,537
Plan auditUnmodified (clean) audit opinion
AuditorSALVATOR,GOLDHAMER&COMPANY,CPA'S,PC
Administrative expenses, itemized · 2022
Investment management$11,917
Total administrative$11,917
The Central Solutions Staffing 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Central Solutions Staffing's 2022 employer contribution ran below the $331 median for plans its size, in the bottom quarter of its peers. 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 history1
2022$11,917 · 1.42%
Similar plansAccommodation & Food Services · New York
Salvatore Properties, LLC NY$1.1M · 1.43%
George Super Topco LLC NY$935K · 1.03%
Blank Street, Inc. NY$922K · 0.75%
Chelsea Hotel F&B LLC NY$763K · 5.99%
Merani Hotel Group NY$723K · 1.23%
Spotted Dog Ventures LLC NY$703K · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453943744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.