Plan Ledger DOL Form 5500 · updated monthly

Datastaff Inc401(k)

DATASTAFF INC 401(K) PROFIT SHARING PLAN & TRUST · RALEIGH, NC · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Datastaff Inc reported $12,879 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. Employer contributions averaged $477 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 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,798th of 2,005), and 10,945th of 11,654 in professional & technical services. In 2022, employees put in $4.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,828,304
Participants with balances40
Active participants118
Employer contributions$56,232
Employee contributions$266,943
Employer contribution per active participant$477
Average account balance$45,708
Benefits paid to participants$432,902
Plan auditUnmodified (clean) audit opinion
AuditorMELISSA G. CRITCHER, CPA,PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,340
Investment management$539
Total administrative$12,879
The Datastaff Inc 401(k) match · 2022
Employer contribution per active participant$477
Median for plans this size$1,114

Datastaff Inc's 2022 employer contribution ran below the $1,114 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$12,879 · 0.61%
Similar plansProfessional & Technical Services · North Carolina
Oyster HR Inc. NC$2.0M · 1.86%
Xdin, Inc. NC$2.0M · 0.09%
Costner Law Office PLLC NC$1.9M · 0.61%
Infomerica Inc. NC$1.7M · 0.03%
Tabner, Inc. NC$1.5M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562088408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.