Retirement plan

PRIDESTAFF, INC. 401(K) PLAN

Name: PRIDESTAFF, INC. - PRIDESTAFF, INC. 401(K) PLAN (2019) Form 5500
Creator: PRIDESTAFF, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRIDESTAFF, INC. 401(K) PLAN, PRIDESTAFF, INC.

PRIDESTAFF, INC.EIN 77-0096099Plan #001PY 2019

7535 N. PALM AVE. - FRESNO, CA 93711559-432-7780pridestaff.comLinkedIn501-1000 employeesstaffing and recruiting

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$3.3M

+18.4% from 2018

Total participants

662

-12.3% from 2018

Average account balance

$21,596

+2.8% from 2018

Annual return

20.35%

+23.97 pp from 2018

Benchmarks

See 689 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort689 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.56M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

250

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.

20.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+14.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$45

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$29,731
ALL VALLEY ADMINISTRATORS, LLC1 year Filed as: ALL VALLEY ADMINISTRATORS LLC Service code 15 7525 N. CEDAR AVE, STE 109 · FRESNO, CA 93720	Recordkeeping	$4,168
IRON-CO-FID-COMPREHENSIVE5+ years Service code 28 630 DUNDEE RD, STE 200 · NORTHBROOK, IL 60062	Investment Management	$2,278
MOORE GRIDER & COMPANY1 year Service code 10 325 E SIERRA AVE · FRESNO, CA 93710	Accounting	$1,875
AMERIPRISE FINANCIAL SERVICES INC5+ years Filed as: AMERIPRISE FINANCIAL Service code 28 50082 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474	Investment Management	$0

Plan features & details

Pension benefit codes2E2G2J2K3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$9K

$15 / participant

Investment mgmt$3K32.0%
Other / not subdivided$6K68.0%

% of EOY assets

0.273%

all-in expense ratio

Categories reported

1 / 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: BEAN HUNT HARRIS AND COMPANY
Auditor EIN: 263649864
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,596

$40,522-46.7%

$84,637-74.5%

$67,582-68.0%

Participation rate

16.2%

51.1%-34.9pp

68.2%-52.0pp

71.3%-55.0pp

Annual return

20.35%

32.72%-12.4pp

258.82%-238.5pp

378.57%-358.2pp

Employer contribution / active EE

$295

$1,146-74.2%

$2,653-88.9%

$2,148-86.3%

Participant deferral / active EE

$788

$2,132-63.0%

$3,900-79.8%

$3,539-77.7%

Admin fee / account holder

$59

$145-59.5%

$4,914-98.8%

$142-58.6%

Provider

Service type

Compensation

NATIONWIDE1 year

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$29,731

ALL VALLEY ADMINISTRATORS, LLC1 year

Filed as: ALL VALLEY ADMINISTRATORS LLC

Service code 15

7525 N. CEDAR AVE, STE 109 · FRESNO, CA 93720

Recordkeeping

$4,168

IRON-CO-FID-COMPREHENSIVE5+ years

Service code 28

630 DUNDEE RD, STE 200 · NORTHBROOK, IL 60062

Investment Management

$2,278

MOORE GRIDER & COMPANY1 year

Service code 10

325 E SIERRA AVE · FRESNO, CA 93710

Accounting

$1,875

AMERIPRISE FINANCIAL SERVICES INC5+ years

Filed as: AMERIPRISE FINANCIAL

Service code 28

50082 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474

Investment Management

PRIDESTAFF, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRIDESTAFF, INC. 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