Plan Ledger DOL Form 5500 · updated monthly

Central Staff Services, Inc.401(k)

CENTRAL STAFF SERVICES, INC. 401(K) SAVINGS PLAN · MOUNT SINAI, NY · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Central Staff Services, Inc. reported $71,651 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,320 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,676th of 5,648), and 8,160th of 11,654 in professional & technical services. In 2024, employees put in $5.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,489,069
Participants with balances121
Active participants116
Employer contributions$153,168
Employee contributions$782,294
Employer contribution per active participant$1,320
Average account balance$78,422
Benefits paid to participants$377,794
Plan auditUnmodified (clean) audit opinion
AuditorBACCHIONI & COMPANY, CPAS, P.C.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,364
Investment management$17,287
Audit (IQPA)$5,000
Total administrative$71,651
The Central Staff Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,320
Median for plans this size$1,313

Central Staff Services, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$24,348
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$15,016
ALLIANT RETIREMENT CONSULTING · Investment advisory (plan)$17,287
BACCHIONI & COMPANY · Accounting / audit$10,000
JMM CPA · Accounting / audit$5,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$71,651 · 0.84%
Similar plansProfessional & Technical Services · New York
Rms Computer Corp NY$9.7M · 0.02%
Framestore Inc. NY$9.6M · 0.67%
Presencelearning, Inc. NY$9.6M · 0.19%
Skillshare, Inc. NY$9.6M · 0.00%
Brkthru Digital, LLC NY$9.5M · 0.05%
Dashlane USA, Inc. NY$9.5M · 0.34%
Workfusion, Inc. NY$9.4M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 113286360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.