Plan Ledger DOL Form 5500 · updated monthly

Star Services, Inc. (Staffing, Training & Alternative Resources)401(k)

MY 401(K) PLAN · ST. PAUL, MN · plan year 2022

Reported admin expense ratio · 2022
1.02%

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

Star Services, Inc. (Staffing, Training & Alternative Resources) reported $35,706 in plan administrative expenses for 2022: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $595 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.

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 Minnesota (1,711th of 1,918), and 10,490th of 11,654 in professional & technical services. In 2022, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,147,363
Participants with balances68
Active participants56
Employer contributions$33,322
Employee contributions$103,537
Employer contribution per active participant$595
Average account balance$46,285
Benefits paid to participants$115,865
Plan auditUnmodified (clean) audit opinion
AuditorMADSEN, O'MEARA AND COMPANY, P.C.
Administrative expenses, itemized · 2022
Investment management$17,294
Professional / advisory$17,912
Total administrative$35,706
The Star Services, Inc. (Staffing, Training & Alternative Resources) 401(k) match · 2022
Employer contribution per active participant$595
Median for plans this size$1,114

Star Services, Inc. (Staffing, Training & Alternative Resources)'s 2022 employer contribution ran below the $1,114 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.

What these fees cost you

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$35,706 · 1.02%
Similar plansProfessional & Technical Services · Minnesota
Captionmax LLC MN$4.0M · 0.04%
Vivacity Tech Pbc MN$3.9M · 0.18%
Mme Group, Inc. MN$3.1M · 0.82%
Martin Calibration Inc MN$3.1M · 1.61%
Encompass Energy Services MN$3.0M · 0.69%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411895490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.