Retirement plan

STAFFMARK GROUP, LLC 401(K) PLAN

Name: STAFFMARK GROUP, LLC - STAFFMARK GROUP, LLC 401(K) PLAN (2025) Form 5500
Creator: STAFFMARK GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STAFFMARK GROUP, LLC 401(K) PLAN, STAFFMARK GROUP, LLC

STAFFMARK GROUP, LLCEIN 06-1553489Plan #002PY 2025

191 ROSA PARKS STREET, FLOOR 10 - CINCINNATI, OH 45202513-852-4718smgroupna.comLinkedIn1001-5000 employeesstaffing and recruiting

Prospect flagsLow returnsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$144.1M

-3.3% from 2024

Total participants

5,366

0.0% from 2024

Average account balance

$27,405

-3.3% from 2024

Annual return

6.02%

-15.23 pp from 2024

Benchmarks

See 356 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants1,000-4,999

Cohort356 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$144.12M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$27K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

5,259

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

94.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.02%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$86

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$207,531
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 27 880 CARILLON PKWY · ST PETERSBURG, FL 33716	Advisory (Plan)	$91,423
BKD, LLP1 year Filed as: BKD LLP Service code 10 910 E ST. LOUIS ST STE 400 · SPRINGFIELD, MO 65807	Accounting	$75,386
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$43,954
FORVIS, LLP1 year Filed as: WEISER LLP Service code 99 60 CROSSWAYS PARK DR W STE 301 · WOODBURY, NY 117979816	Other Fees	$27,508
HOWARD SIMON & ASSOCIATES, INC.2 years Filed as: THE HOWARD E NYHART CO INC Service code 99 8415 ALLISON POINTE BLVD · INDIANAPOLIS, IN 46250	Other Fees	$4,581

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$450K

$233 / participant

Recordkeeping$208K46.1%
Investment mgmt$135K30.1%
Other / not subdivided$107K23.9%

% of EOY assets

0.312%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN, LLP
Auditor EIN: 410746749
Audit fees: $75,386
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,405

$85,660-68.0%

$129,031-78.8%

$85,660-68.0%

Participation rate

94.5%

74.8%+19.6pp

73.4%+21.1pp

74.8%+19.6pp

Annual return

6.02%

19.52%-13.5pp

34.67%-28.7pp

19.52%-13.5pp

Employer contribution / active EE

$438

$4,199-89.6%

$3,226-86.4%

$4,199-89.6%

Participant deferral / active EE

$3,683

$3,518+4.7%

$5,217-29.4%

$3,518+4.7%

Admin fee / account holder

$86

$224-61.8%

$13,208-99.4%

$224-61.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$207,531

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: RAYMOND JAMES & ASSOCIATES INC

Service code 27

880 CARILLON PKWY · ST PETERSBURG, FL 33716

Advisory (Plan)

$91,423

BKD, LLP1 year

Filed as: BKD LLP

Service code 10

910 E ST. LOUIS ST STE 400 · SPRINGFIELD, MO 65807

Accounting

$75,386

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$43,954

FORVIS, LLP1 year

Filed as: WEISER LLP

Service code 99

60 CROSSWAYS PARK DR W STE 301 · WOODBURY, NY 117979816

Other Fees

$27,508

HOWARD SIMON & ASSOCIATES, INC.2 years

Filed as: THE HOWARD E NYHART CO INC

Service code 99

8415 ALLISON POINTE BLVD · INDIANAPOLIS, IN 46250

Other Fees

$4,581

STAFFMARK GROUP, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STAFFMARK GROUP, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion