Staffing 360 Solutions, Inc.401(k)
STAFFING 360 SOLUTIONS, INC. & SUBSIDIARIES 401(K) PLAN · SHELTON, CT · plan year 2023
Staffing 360 Solutions, Inc.'s 2023 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 $9,806,668 across 384 participant accounts, with employer contributions averaging $260 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Connecticut (760th of 1,106), and 8,054th of 11,654 in professional & technical services. In 2023, employees put in $2.03 for every $1.00 the employer contributed.
Staffing 360 Solutions, Inc.'s 2023 employer contribution ran below the $1,308 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 680680859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.