Retirement plan

STAFF LEASING RETIREMENT SAVINGS PLAN

Name: STAFF LEASING INC AND AFFILIATES - STAFF LEASING RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: STAFF LEASING INC AND AFFILIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STAFF LEASING RETIREMENT SAVINGS PLAN, STAFF LEASING INC AND AFFILIATES

STAFF LEASING INC AND AFFILIATESEIN 16-1417529Plan #333PY 2018

149 NORTHERN CONCOURSE - N SYRACUSE, NY 13212315-641-3600

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$39.5M

-4.3% from 2017

Total participants

1,455

+2.2% from 2017

Average account balance

$47,177

-10.8% from 2017

Annual return

-4.07%

-27.42 pp from 2017

Benchmarks

See 286 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort286 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$70.18M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

1,196

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.

39.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84

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 3 by compensation

Provider	Service type	Compensation
THE PENSION DEPARTMENT1 year Filed as: THE PENSION DEPARTMENT, INC. Service code 99 · EIN 11-2728120 105 MAXESS RD · MELVILLE, NY 11747	Other Fees	$30,235
PRIDA, GUIDA & PEREZ, P.A.1 year Filed as: PRIDA GUIDA AND PEREZ PA Service code 10 · EIN 22-2000222 1106 N FRANKLIN ST · TAMPA, FL 33602	Accounting	$26,000
LPL FINANCIAL3 years Filed as: LION STREET FINANCIAL, LLC Service code 99 · EIN 80-0946231 515 CONGRESS AVE., SUITE 2500 · AUSTIN, TX 78701	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$56K

$47 / participant

Other / not subdivided$56K100.0%

% of EOY assets

0.142%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PRIDA GUIDA & CO, P.C.
Auditor EIN: 591978917
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,177

$34,242+37.8%

$76,518-38.3%

$75,289-37.3%

Participation rate

47.8%

43.9%+3.9pp

68.0%-20.2pp

72.4%-24.6pp

Annual return

-4.07%

-0.98%-3.1pp

-0.27%-3.8pp

-0.04%-4.0pp

Employer contribution / active EE

$1,177

$975+20.8%

$2,647-55.5%

$2,405-51.1%

Participant deferral / active EE

$2,254

$1,872+20.4%

$3,836-41.2%

$3,739-39.7%

Admin fee / account holder

$67

$112-40.0%

$4,849-98.6%

$102-34.3%

Provider

Service type

Compensation

THE PENSION DEPARTMENT1 year

Filed as: THE PENSION DEPARTMENT, INC.

Service code 99 · EIN 11-2728120

105 MAXESS RD · MELVILLE, NY 11747

Other Fees

$30,235

PRIDA, GUIDA & PEREZ, P.A.1 year

Filed as: PRIDA GUIDA AND PEREZ PA

Service code 10 · EIN 22-2000222

1106 N FRANKLIN ST · TAMPA, FL 33602

Accounting

$26,000

LPL FINANCIAL3 years

Filed as: LION STREET FINANCIAL, LLC

Service code 99 · EIN 80-0946231

515 CONGRESS AVE., SUITE 2500 · AUSTIN, TX 78701

Other Fees

STAFF LEASING RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STAFF LEASING RETIREMENT SAVINGS 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