What are the fees in the Staff Pro, Inc. 401(k) plan?

For plan year 2022, Staff Pro, Inc. reported $23,967 in plan administrative expenses, or 1.50% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Staff Pro, Inc. 401(k)?

The average participant account balance was $26,019 for plan year 2022, based on 55 accounts.

Staff Pro, Inc.401(k)

Name: Staff Pro, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

STAFF PRO MULTIPLE EMPLOYER PLAN AS ADOPTED BY FSNR SNF LLC D/B/A FOUR SEASONS NURSING & REHABILITATION CENTER · INWOOD, NY · plan year 2022

Reported admin expense ratio · 2022

1.50%

Staff Pro, Inc. reported $23,967 in plan administrative expenses for 2022: 1.50% of average plan assets, higher than ~90% of peers. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,241st of 5,648), and 11,087th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,431,042
Participants with balances55
Active participants164
Employer contributions—
Employee contributions$61,246
Employer contribution per active participant—
Average account balance$26,019
Benefits paid to participants$131,186
Plan auditUnmodified (clean) audit opinion
AuditorTEMPLETON & COMPANY

Administrative expenses, itemized · 2022

Professional / advisory$23,967

Total administrative$23,967

What these fees cost you

Your balance

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$23,967 · 1.50%

All plans at this employer3

STAFF PRO MULTIPLE EMPLOYER PLAN AS ADOPTED BY FSNR SNF LLC D/B/A FOUR SEASONS NURSING & REHABILITATION CENTER401(k)

STAFF PRO MULTIPLE EMPLOYER PLAN AS ADOPTED BY PRIDE TRANSPORTATION SERVICES, INC.401(k)

STAFFPRO MULTIPLE EMPLOYER PLAN PENNY TRANSPORTATION, INC.401(k)

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Source: U.S. Department of Labor, Form 5500 series, EIN 113344235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.