Plan Ledger DOL Form 5500 · updated monthly

Shared Staffing Services, LLC401(k)

SHARED STAFFING SERVICES, LLC 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Employer contribution per participant · 2024
$1,666

Shared Staffing Services, LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $27,414,229 across 652 participant accounts, with employer contributions averaging $1,666 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.18% to 0.02%. 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 298th-largest of 1,285 plans among Arizona employers on file, and the 4,448th of 11,654 in professional & technical services. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 905 to 1,558 since 2022.

Plan summary
Net assets, end of year$27,414,229
Participants with balances652
Active participants1,558
Employer contributions$2,595,776
Employee contributions$5,887,687
Employer contribution per active participant$1,666
Average account balance$42,046
Benefits paid to participants$1,712,207
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$27.4M · 652 accts · $2.6M emplr
2023$16.6M · 525 accts · $1.9M emplr
2022$8.2M · 373 accts · $1.4M emplr
The Shared Staffing Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,666
Median for plans this size$2,416
2024$1,666 per active participant
2023$1,661 per active participant
2022$1,566 per active participant

Shared Staffing Services, LLC'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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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
2024Not separately reported
2023$2,150 · 0.02%
2022$12,617 · 0.18%
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Source: U.S. Department of Labor, Form 5500 series, EIN 262070192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.