Retirement plan

ACCURATE STAFFING SOLUTIONS CORP 401K PLAN

Name: ACCURATE STAFFING SOLUTIONS CORP - ACCURATE STAFFING SOLUTIONS CORP 401K PLAN (2024) Form 5500
Creator: ACCURATE STAFFING SOLUTIONS CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCURATE STAFFING SOLUTIONS CORP 401K PLAN, ACCURATE STAFFING SOLUTIONS CORP

ACCURATE STAFFING SOLUTIONS CORPEIN 20-2814812Plan #001PY 2024

27 W NECK RD - HUNTINGTON, NY 117432618631-424-4488staffacc.comLinkedIn1-10 employeesstaffing and recruiting

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$3.8M

+20.7% from 2023

Total participants

0.0% from 2023

Average account balance

$1,917,178

+20.7% from 2023

Annual return

20.20%

-3.18 pp from 2023

Benchmarks

See 19,366 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,366 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.83M

Not enough data

1 years with asset history on file

Average account balance

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

$1.9M

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+20.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,917,178

$100,203+1813.3%

$85,240+2149.2%

$145,897+1214.1%

Participation rate

100.0%

74.1%+25.9pp

67.5%+32.5pp

80.3%+19.7pp

Annual return

20.20%

84.28%-64.1pp

66.75%-46.6pp

552.29%-532.1pp

Employer contribution / active EE

$1,560

$3,242-51.9%

$2,735-43.0%

$4,663-66.6%

Participant deferral / active EE

$6,410

$5,299+21.0%

$4,527+41.6%

$6,689-4.2%

Admin fee / account holder

$7,265-100.0%

$6,165-100.0%

$13,390-100.0%

ACCURATE STAFFING SOLUTIONS CORP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ACCURATE STAFFING SOLUTIONS CORP 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion