Plan Ledger DOL Form 5500 · updated monthly

Outsourced Associates & Staffing401(k)

OUTSOURCED ASSOCIATES & STAFFING 401K PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Outsourced Associates & Staffing reported $73,453 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,238 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 0.52% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 400th-largest of 848 plans among Utah employers on file, and 7,139th of 11,654 in professional & technical services. In 2024, employees put in $3.65 for every $1.00 the employer contributed; active participation has shrunk from 318 to 247 since 2022.

Plan summary
Net assets, end of year$12,857,826
Participants with balances254
Active participants247
Employer contributions$552,722
Employee contributions$2,017,761
Employer contribution per active participant$2,238
Average account balance$50,621
Benefits paid to participants$1,012,154
Plan auditUnmodified (clean) audit opinion
AuditorCARVER FLOREK & JAMES
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 254 accts · $553K emplr
2023$8.3M · 247 accts · $506K emplr
2022$5.3M · 227 accts · $444K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,453
Total administrative$73,453
The Outsourced Associates & Staffing 401(k) match · 2024
Employer contribution per active participant$2,238
Median for plans this size$2,416
2024$2,238 per active participant
2023$1,752 per active participant
2022$1,397 per active participant

Outsourced Associates & Staffing's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADAMS WEALTH MANAGEMENT · Recordkeeping · Pension consulting$106,236
BCJ CAPITAL MANAGEMENT LLC · Recordkeeping · Pension consulting$27,072
ADP, INC. · Loan processing · Recordkeeping$5,314

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

Recordkeeper by year2
2024ADAMS WEALTH MANAGEMENT, ADP, BCJ CAPITAL MANAGEMENT LLC
2023ADAMS WEALTH MANAGEMENT, ADP, FORESIGHT WEALTH MANAGEMENT

This plan has changed recordkeepers within these filings. If you left Outsourced Associates & Staffing before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,453 · 0.69%
2023$49,746 · 0.73%
2022$24,789 · 0.52%
Same employer
Similar plansProfessional & Technical Services · Utah
Fishbowl Solutions LLC UT$13.7M · 0.63%
Becklar, LLC UT$13.0M · 0.80%
Stova Group, LLC UT$12.5M · 0.48%
Mid-State Consultants UT$12.5M · 0.70%
Caselle, Inc. UT$12.4M · 0.51%
Elementum LTD UT$11.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454880429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.