Plan Ledger DOL Form 5500 · updated monthly

Contemporary Staffing Solutions,401(k)

CONTEMPORARY STAFFING SOLUTIONS, INC. RETIREMENT SAVINGS PLAN · MOORESTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Contemporary Staffing Solutions, reported $37,971 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,623 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 0.78% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New Jersey (1,899th of 2,419), and 1,468th of 2,534 in administrative & support services. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 139 to 184 since 2022.

Plan summary
Net assets, end of year$4,768,082
Participants with balances139
Active participants184
Employer contributions$298,676
Employee contributions$704,120
Employer contribution per active participant$1,623
Average account balance$34,303
Benefits paid to participants$655,690
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 139 accts · $299K emplr
2023$3.9M · 229 accts · $182K emplr
2022$3.1M · 181 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,970
Investment management$6,001
Total administrative$37,971
The Contemporary Staffing Solutions, 401(k) match · 2024
Employer contribution per active participant$1,623
Median for plans this size$1,313
2024$1,623 per active participant
2023$955 per active participant

Contemporary Staffing Solutions,'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$31,970
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$6,001
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$37,971 · 0.88%
2023$39,543 · 1.13%
2022$23,362 · 0.78%
Similar plansAdministrative & Support Services · New Jersey
Mrs Bpo, LLC NJ$5.2M · 0.59%
Caduceus, Inc. NJ$4.9M · 0.48%
Nutra-Med Packaging, LLC NJ$4.5M · 1.22%
Rsm Maintenance, LLC NJ$3.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232779495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.