Plan Ledger DOL Form 5500 · updated monthly

Workstream, Inc.401(k)

HAMILTON MAVERICK 401(K) SAVINGS PLAN · FAIRFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Workstream, Inc. reported $61,256 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $3,169 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 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,018th of 3,295), and 8,952nd of 13,661 in manufacturing. In 2024, employees put in $2.80 for every $1.00 the employer contributed; active participation has shrunk from 169 to 54 since 2022.

Plan summary
Net assets, end of year$9,674,345
Participants with balances152
Active participants54
Employer contributions$171,137
Employee contributions$479,903
Employer contribution per active participant$3,169
Average account balance$63,647
Benefits paid to participants$218,564
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 152 accts · $171K emplr
2023$8.0M · 164 accts · $180K emplr
2022$7.4M · 170 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,069
Investment management$1,487
Total administrative$61,256
The Workstream, Inc. 401(k) match · 2024
Employer contribution per active participant$3,169
Median for plans this size$1,313
2024$3,169 per active participant
2023$1,283 per active participant
2022$1,109 per active participant

Workstream, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$59,479
COMMONWEALTH EQUITY 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 history3
2024$61,256 · 0.69%
2023$52,258 · 0.68%
2022$58,918 · 0.68%
Same employer
Similar plansManufacturing · Ohio
Pro-Pak Industries, Inc. OH$9.5M · 0.44%
Dimex, LLC OH$9.4M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311276329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.