Plan Ledger DOL Form 5500 · updated monthly

Elwood Staffing Services, Inc.401(k)

ELWOOD STAFFING SERVICES, INC. 401(K) RETIREMENT PLAN · COLUMBUS, IN · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Elwood Staffing Services, Inc. reported $113,439 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $116 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 fell from 0.38% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 377th-largest of 1,562 plans among Indiana employers on file, and the 405th of 2,534 in administrative & support services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 863 to 13,000 since 2022.

Plan summary
Net assets, end of year$35,046,562
Participants with balances1,209
Active participants13,000
Employer contributions$1,509,843
Employee contributions$3,412,534
Employer contribution per active participant$116
Average account balance$28,988
Benefits paid to participants$3,258,391
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.0M · 1,209 accts · $1.5M emplr
2023$28.3M · 1,144 accts · $1.3M emplr
2022$22.9M · 857 accts · $415K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,439
Investment management$36,000
Total administrative$113,439
The Elwood Staffing Services, Inc. 401(k) match · 2024
Employer contribution per active participant$116
Median for plans this size$2,416
2024$116 per active participant
2023$90 per active participant
2022$480 per active participant

Elwood Staffing Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
SHEPHERD FINANCIAL INVESTMENT · Investment advisory (plan)$36,000

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

Administrative cost history3
2024$113,439 · 0.36%
2023$96,770 · 0.38%
2022$97,232 · 0.38%
Same employer
Similar plansAdministrative & Support Services · Indiana
Arcwood Environmental, LLC IN$222.9M · 0.06%
Tilson HR, Inc. IN$52.9M · 0.64%
Fullstack, Inc. IN$27.6M · 0.96%
Managepoint IN$18.6M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351984435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.