Plan Snapshot
- Plan Sponsor: Alphastaff Group, INC.
- Sponsor EIN: 650314170
- Sponsor Address: 1300 SAWGRASS CORPORATE PARKWAY, SUNRISE, FL, 33323
- Plan Type: 401(k)
- Total Participants: 7,291
- Total Assets: $252.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,291 | $252.3M | $11.8M | $30.6M |
| 2023 | 5,869 | $234.8M | $12.2M | $30.5M |
| 2022 | 8,025 | $181.7M | $9.3M | $26.1M |
| 2021 | 6,541 | $183.3M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| AMERITAS LIFE INSURANCE CORP | Recordkeeper | $1,015,525 | — | $1,015,525 |
| MORGAN STANLEY SMITH BARNEY LLC | Recordkeeper | $129,045 | — | $129,045 |
| ALPHASTAFF GROUP, INC. | Other Service Provider | $116,424 | — | $116,424 |
| CHARLES SCHWAB BANK | Recordkeeper | $72,018 | — | $72,018 |
| FISHER PHILLIPS | Other Service Provider | $11,440 | — | $11,440 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — Recordkeeper
- MORGAN STANLEY SMITH BARNEY LLC — Recordkeeper
- CHARLES SCHWAB BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,344,452
- Estimated Expense Ratio: 0.533% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,354,130 | $130,292 | $1,019,257 | $4,500 | — |
| 2023 | $1,178,639 | $126,039 | $760,606 | $16,000 | — |
| 2022 | $1,000,480 | $75,507 | $898,711 | — | $26,262 |
| 2021 | $897,117 | $102,536 | $769,602 | — | — |