Plan Ledger DOL Form 5500 · updated monthly

Hamilton Staffing Solutions In401(k)

HAMILTON STAFFING SOLUTIONS IN 401(K) PROFIT SHARING PLAN & TRUST · MONTVERDE, FL · plan year 2022

Reported admin expense ratio · 2022
1.51%

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

Hamilton Staffing Solutions In reported $20,128 in plan administrative expenses for 2022: 1.51% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,737 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 health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,277th of 3,644), and 10,581st of 11,911 in health care & social assistance. In 2022, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,359,588
Participants with balances818
Active participants44
Employer contributions$208,420
Employee contributions$286,331
Employer contribution per active participant$4,737
Average account balance$1,662
Benefits paid to participants$219,952
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $53K emplr
2022$1.4M · 818 accts · $208K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,357
Investment management$9,771
Total administrative$20,128
The Hamilton Staffing Solutions In 401(k) match · 2022
Employer contribution per active participant$4,737
Median for plans this size$1,114

Hamilton Staffing Solutions In's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 history2
2023Not separately reported
2022$20,128 · 1.51%
Similar plansHealth Care & Social Assistance · Florida
Modern Clinics Inc. FL$1.3M · 2.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 810981399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.