Plan Ledger DOL Form 5500 · updated monthly

National Staffing Solutions, Inc.401(k)

NATIONAL STAFFING SOLUTIONS, INC. RETIREMENT PLAN · WINTER HAVEN, FL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

National Staffing Solutions, Inc. reported $10,107 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $125 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 rose from 0.13% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (2,678th of 3,644), and 1,580th of 2,534 in administrative & support services. In 2024, employees put in $11.73 for every $1.00 the employer contributed; active participation has shrunk from 4,570 to 724 since 2022.

Plan summary
Net assets, end of year$4,018,236
Participants with balances192
Active participants724
Employer contributions$90,453
Employee contributions$1,061,371
Employer contribution per active participant$125
Average account balance$20,928
Benefits paid to participants$926,963
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 192 accts · $90K emplr
2023$3.3M · 183 accts · $91K emplr
2022$2.1M · 143 accts · $39K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,525
Investment management$1,582
Total administrative$10,107
The National Staffing Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$125
Median for plans this size$1,313
2024$125 per active participant
2023$83 per active participant
2022$8 per active participant

National Staffing Solutions, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
SENTRY LIFE INSURANCE COMPANY$8,525

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$10,107 · 0.28%
2023$3,589 · 0.13%
2022$2,859 · 0.13%
Similar plansAdministrative & Support Services · Florida
Sherloq Solutions, Inc. FL$4.2M · 0.37%
One Touch Direct, LLC FL$4.1M · 0.70%
Cd Peo Plus, LLC FL$4.0M · 0.42%
Applicant Insight, Inc FL$3.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204702827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.