Plan Ledger DOL Form 5500 · updated monthly

Staffing Alternatives Inc.401(k)

STAFFING ALTERNATIVES INC 401(K) PROFIT SHARING PLAN AND TRUST · SILVER LAKE, WI · plan year 2023

Reported admin expense ratio · 2023
0.20%

Staffing Alternatives Inc. reported $3,649 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. 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 1 year on file its reported administrative ratio rose from 0.08% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Wisconsin (1,839th of 1,936), and 4,052nd of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$1,902,899
Participants with balances98
Active participants78
Employer contributions—
Employee contributions$211,173
Employer contribution per active participant—
Average account balance$19,417
Benefits paid to participants$339,218
Plan auditUnmodified (clean) audit opinion
AuditorLUCIDA LLC
Plan history2
Yearassets · accounts · employer contribution
2023$1.9M · 98 accts
2022$1.8M · 142 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,649
Total administrative$3,649
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$3,648
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY SMITH BARNEY LLC · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$3,649 · 0.20%
2022$1,520 · 0.08%
Similar plansWholesale Trade · Wisconsin
V. Marchese, Inc. WI$4.5M · 0.86%
Geneva Supply, Inc. WI$3.5M · 0.19%
Albrecht Foods Inc WI$3.0M · 0.62%
Formrite Companies Inc WI$2.3M · 0.80%
Allied 100, LLC WI$206K · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223882505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.