Plan Ledger DOL Form 5500 · updated monthly

Staffscapes, Inc401(k)

STAFFSCAPES, INC. 401(K) PROFIT SHARING PLAN · WESTMINSTER, CO · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Staffscapes, Inc reported $76,953 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $454 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Colorado (782nd of 1,461), and the 993rd of 2,534 in administrative & support services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 401 to 1,185 since 2022.

Plan summary
Net assets, end of year$10,241,719
Participants with balances279
Active participants1,185
Employer contributions$537,551
Employee contributions$1,123,929
Employer contribution per active participant$454
Average account balance$36,709
Benefits paid to participants$426,424
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 279 accts · $538K emplr
2023$7.0M · 200 accts · $377K emplr
2022$5.4M · 151 accts · $339K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,981
Total administrative$76,953
The Staffscapes, Inc 401(k) match · 2024
Employer contribution per active participant$454
Median for plans this size$1,313
2024$454 per active participant
2023$419 per active participant
2022$845 per active participant

Staffscapes, Inc's 2024 employer contribution ran below the $1,313 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
IMA ADVISORY SERVICES INC · Investment advisory (plan)$38,465
RICHEY MAY & CO LLP · Accounting / audit$2,000
EMPOWER ADVISORY GROUP, LLC · Investment management$299

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

Administrative cost history3
2024$76,953 · 0.89%
2023$54,197 · 0.87%
2022$56,173 · 0.87%
Similar plansAdministrative & Support Services · Colorado
Partners Peo, LLC CO$16.9M · 1.12%
Heorot Power Holdings LLC CO$16.0M · 0.03%
Startek USA, Inc. CO$12.2M · 0.50%
Bc Services, Inc. CO$10.0M · 0.05%
Tarian Group, LLC CO$9.0M · 0.69%
Msi, LLC CO$6.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841346032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.