Plan Ledger DOL Form 5500 · updated monthly

The S2 HR Group, LLC401(k)

ENGAGE PEO RETIREMENT SAVINGS PLAN · ST. PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

The S2 HR Group, LLC reported $4,053,189 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,183 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 2 years on file its reported administrative ratio rose from 0.39% to 0.45%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 44th-largest of 3,644 plans among Florida employers on file, and the 180th of 11,654 in professional & technical services. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 17,458 to 30,449 since 2022.

Plan summary
Net assets, end of year$1,038,964,112
Participants with balances23,364
Active participants30,449
Employer contributions$36,018,362
Employee contributions$88,537,494
Employer contribution per active participant$1,183
Average account balance$44,469
Benefits paid to participants$96,278,928
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 23,364 accts · $36.0M emplr
2023$746.6M · 17,608 accts · $23.9M emplr
2022$406.3M · 10,138 accts · $18.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,930,285
Total administrative$4,053,189
The The S2 HR Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,183
Median for plans this size$4,294
2024$1,183 per active participant
2023$1,032 per active participant
2022$1,056 per active participant

The S2 HR Group, LLC's 2024 employer contribution ran below the $4,294 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 · 20248
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$1,861,641
SLAVIC MUTUAL FUND MANAGEMENT CORP. · Investment management$1,317,662
THE S2 HR GROUP, LLC · Plan administrator$690,992
COHNREZNICK LLP · Accounting / audit$76,350
BKS RETIREMENT SERVICES · Investment advisory (participants)$39,989
MCHENRY CONSULTING · Consulting$20,000
CARON & BLETZER, PLLC · Accounting / audit$17,500
JASON F. CLAUSEN P.C. · Accounting / audit$13,800

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

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,053,189 · 0.45%
2023$2,441,415 · 0.42%
2022$1,464,222 · 0.39%
Similar plansProfessional & Technical Services · Florida
Holland & Knight LLP FL$2.0B · 0.04%
Ukg Inc. FL$2.0B · 0.06%
Greenberg Traurig, PA FL$1.6B · 0.02%
Adecco, Inc. FL$874.4M · 0.14%
Black Knight Infoserv, LLC FL$585.5M · 0.05%
Geosyntec Consultants, Inc FL$455.4M · 0.07%
Akerman LLP FL$452.3M

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Source: U.S. Department of Labor, Form 5500 series, EIN 452441552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.