Plan Ledger DOL Form 5500 · updated monthly

Diverse Staffing Services, Inc.401(k)

DIVERSE STAFFING SERVICES, INC. RETIREMENT READINESS 401(K) PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Diverse Staffing Services, Inc. reported $2,231 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $308 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 4 years on file its reported administrative ratio rose from 0.10% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Indiana (1,415th of 1,562), and 1,986th of 2,534 in administrative & support services. In 2022, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 190 to 218 since 2018.

Plan summary
Net assets, end of year$1,808,117
Participants with balances62
Active participants218
Employer contributions$67,219
Employee contributions$152,404
Employer contribution per active participant$308
Average account balance$29,163
Benefits paid to participants$189,000
Plan auditUnmodified (clean) audit opinion
AuditorKIMBERLINE COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2022$1.8M · 62 accts · $67K emplr
2019$1.5M · 46 accts · $88K emplr
2018$1.2M · 30 accts · $61K emplr
Administrative expenses, itemized · 2022
Investment management$2,231
Total administrative$2,231
The Diverse Staffing Services, Inc. 401(k) match · 2022
Employer contribution per active participant$308
Median for plans this size$1,114
2022$308 per active participant
2019$566 per active participant
2018$322 per active participant

Diverse Staffing Services, 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 history3
2022$2,231 · 0.11%
2019$1,812 · 0.13%
2018$1,170 · 0.10%
Similar plansAdministrative & Support Services · Indiana
Entech, Inc. IN$2.8M · 0.25%
Infraware, Inc. IN$2.8M · 0.09%
Morales Enterprises, Inc. IN$2.7M · 0.71%
Ssi Services LLC IN$1.5M · 0.01%
Pro Resources Inc. IN$1.5M · 1.63%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 352076286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.