Plan Ledger DOL Form 5500 · updated monthly

Costaff Services, LLC401(k)

COSTAFF 401(K) PLAN · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Costaff Services, LLC reported $410,177 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,388 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 0.61% to 0.71%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 417th-largest of 2,619 plans among Michigan employers on file, and the 243rd of 2,534 in administrative & support services. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 1,276 to 1,768 since 2022.

Plan summary
Net assets, end of year$65,535,628
Participants with balances1,428
Active participants1,768
Employer contributions$2,453,711
Employee contributions$6,087,990
Employer contribution per active participant$1,388
Average account balance$45,893
Benefits paid to participants$5,293,570
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$65.5M · 1,428 accts · $2.5M emplr
2023$49.9M · 1,132 accts · $2.0M emplr
2022$40.7M · 1,107 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$320,136
Investment management$90,041
Total administrative$410,177
The Costaff Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,388
Median for plans this size$3,635
2024$1,388 per active participant
2023$1,371 per active participant
2022$1,575 per active participant

Costaff Services, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$300,386
SCHWARTZ & CO. ADVISOR · Investment advisory (participants) · Investment advisory (plan)$90,041
UHY LLP · Accounting / audit$19,750

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

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

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

Administrative cost history3
2024$410,177 · 0.71%
2023$317,482 · 0.70%
2022$277,104 · 0.61%
Same employer
Similar plansAdministrative & Support Services · Michigan
Employment Services, Inc. MI$103.9M · 0.16%
America's Back Office, Inc. MI$80.2M · 0.97%
Axios Incorporated MI$63.4M · 0.42%
Hope Network MI$54.6M · 0.37%
Morley Companies, Inc. MI$46.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383546978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.