Plan Ledger DOL Form 5500 · updated monthly

Prime Staffing LLC401(k)

PRIME STAFFING LLC RETIREMENT PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
1.60%

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

Prime Staffing LLC reported $8,123 in plan administrative expenses for 2022: 1.60% of average plan assets, above the peer median. Employer contributions averaged $1,492 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in New York (5,453rd of 5,648), and 2,350th of 2,534 in administrative & support services. In 2022, employees put in $6.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$490,666
Participants with balances37
Active participants28
Employer contributions$41,763
Employee contributions$259,051
Employer contribution per active participant$1,492
Average account balance$13,261
Benefits paid to participants$241,475
Plan auditUnmodified (clean) audit opinion
AuditorCULLARI CARRICO LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,161
Investment management$3,962
Total administrative$8,123
The Prime Staffing LLC 401(k) match · 2022
Employer contribution per active participant$1,492
Median for plans this size$331

Prime Staffing LLC's 2022 employer contribution ran above the $331 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 history1
2022$8,123 · 1.60%
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Source: U.S. Department of Labor, Form 5500 series, EIN 371550251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.