Plan Ledger DOL Form 5500 · updated monthly

Medical Staffing Solutions, Inc.401(k)

MEDICAL STAFFING 401(K) PLAN · RICE LAKE, WI · plan year 2022

Reported admin expense ratio · 2022
0.60%

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

Medical Staffing Solutions, Inc. reported $11,645 in plan administrative expenses for 2022: 0.60% of average plan assets, above the peer median. Employer contributions averaged $696 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 administrative & support services employers. By assets it is among the smaller plans on file in Wisconsin (1,827th of 1,936), and 1,928th of 2,534 in administrative & support services. In 2022, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,078,743
Participants with balances64
Active participants295
Employer contributions$205,228
Employee contributions$485,237
Employer contribution per active participant$696
Average account balance$32,480
Benefits paid to participants$58,936
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINS ASH CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,645
Total administrative$11,645
The Medical Staffing Solutions, Inc. 401(k) match · 2022
Employer contribution per active participant$696
Median for plans this size$1,114

Medical Staffing Solutions, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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$11,645 · 0.60%
Same employer
Similar plansAdministrative & Support Services · Wisconsin
Jonco Industries, Inc. WI$2.6M · 0.65%
Psab Enterprises Inc WI$1.5M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411994141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.