Plan Ledger DOL Form 5500 · updated monthly

Permastaff Personnel Systems, Inc.401(k)

PERMASTAFF PERSONNEL SYSTEMS, INC. EMPLOYEES 401(K) PLAN · MESA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Permastaff Personnel Systems, Inc. reported $13,926 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $621 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 0.20% to 0.23%. 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 Arizona (739th of 1,285), and the 1,266th of 2,534 in administrative & support services. In 2024, employees put in $4.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,605,710
Participants with balances140
Active participants216
Employer contributions$134,222
Employee contributions$652,457
Employer contribution per active participant$621
Average account balance$47,184
Benefits paid to participants$287,730
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 140 accts · $134K emplr
2023$5.4M · 136 accts · $114K emplr
2022$4.5M · 142 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,926
Total administrative$13,926
The Permastaff Personnel Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$621
Median for plans this size$1,313
2024$621 per active participant
2023$560 per active participant
2022$434 per active participant

Permastaff Personnel Systems, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$13,926
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$13,926 · 0.23%
2023$10,773 · 0.22%
2022$9,485 · 0.20%
Similar plansAdministrative & Support Services · Arizona
Everservice Holdings, LLC AZ$8.6M · 1.15%
NME3, LLC AZ$7.0M · 0.46%
Televerde, LLC. AZ$6.6M · 0.88%
Miracorp Inc. AZ$6.1M · 1.33%
Intouchcx US, Inc. AZ$5.8M · 1.03%
Zoe Holding Company, Inc. AZ$4.7M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860519118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.