Plan Ledger DOL Form 5500 · updated monthly

Strategic Staffing Solutions, L.C.401(k)

STRATEGIC STAFFING SOLUTIONS 401(K) RETIREMENT PLAN · DETROIT, MI · plan year 2024

Reported admin expense ratio · 2024
0.33%

Strategic Staffing Solutions, L.C. reported $100,809 in plan administrative expenses for 2024: 0.33% of average plan assets, above 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 801st-largest of 2,619 plans among Michigan employers on file, and the 4,272nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$29,186,230
Participants with balances430
Active participants1,106
Employer contributions—
Employee contributions$3,835,125
Employer contribution per active participant—
Average account balance$67,875
Benefits paid to participants$12,403,557
Plan auditUnmodified (clean) audit opinion
AuditorUHY,LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,809
Total administrative$100,809
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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$125,442

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

Administrative cost history1
2024$100,809 · 0.33%
Same employer
Similar plansProfessional & Technical Services · Michigan
Pea Group MI$31.5M · 0.40%
Rowe, Inc. MI$31.0M · 0.21%
Wightman & Associates, Inc. MI$30.3M · 0.16%
Norr LLC MI$27.7M · 0.34%
Centroid Systems, LLC MI$27.6M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 593455070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.