Retirement plan

PRIDESTAFF, INC. 401(K) PLAN

Name: PRIDESTAFF, INC. - PRIDESTAFF, INC. 401(K) PLAN (2024) 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 2024

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.6M

+20.4% from 2023

Total participants

801

+5.7% from 2023

Average account balance

$38,255

+17.0% from 2023

Annual return

14.27%

-6.00 pp from 2023

Benchmarks

See 834 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort834 peers

Snapshot2024

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 Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$30,586
MOORE GRIDER & COMPANY5 years Filed as: MOORE GRIDER & COMPANY LLP Service code 10 325 E SIERRA AVE · FRESNO, CA 93711	Accounting	$4,875
IRON-CO-FID-COMPREHENSIVE1 year Filed as: IRON FINANCIAL Service code 28 · EIN 99-9552241	Investment Management	$4,485
NATIONWIDE6 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 · EIN 31-4156830	Recordkeeping	$897
AMERIPRISE FINANCIAL SERVICES INC10+ years Filed as: AMERIPRISE FINANCIAL Service code 28 · EIN 41-0973005	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.
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

$11K

$16 / participant

Recordkeeping$5K42.7%
Investment mgmt$6K57.3%

% of EOY assets

0.116%

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: DEDEDIAN, GEORGE, SMALL & MARKARIAN
Auditor EIN: 770000369
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,255

$45,022-15.0%

$85,126-55.1%

$77,714-50.8%

Participation rate

20.8%

48.7%-27.8pp

67.5%-46.7pp

70.6%-49.7pp

Annual return

14.27%

79.38%-65.1pp

66.63%-52.4pp

31.26%-17.0pp

Employer contribution / active EE

$515

$1,610-68.0%

$2,731-81.1%

$2,727-81.1%

Participant deferral / active EE

$1,365

$2,811-51.4%

$4,523-69.8%

$4,649-70.6%

Admin fee / account holder

$45

$913-95.1%

$6,160-99.3%

$433-89.7%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$30,586

MOORE GRIDER & COMPANY5 years

Filed as: MOORE GRIDER & COMPANY LLP

Service code 10

325 E SIERRA AVE · FRESNO, CA 93711

Accounting

$4,875

IRON-CO-FID-COMPREHENSIVE1 year

Filed as: IRON FINANCIAL

Service code 28 · EIN 99-9552241

Investment Management

$4,485

NATIONWIDE6 years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 15 · EIN 31-4156830

Recordkeeping

$897

AMERIPRISE FINANCIAL SERVICES INC10+ years

Filed as: AMERIPRISE FINANCIAL

Service code 28 · EIN 41-0973005

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