Plan Snapshot
- Plan Sponsor: Penmac Staffing Services, INC.
- Sponsor EIN: 431625388
- Sponsor Address: 447 SOUTH AVE, SPRINGFIELD, MO, 65806
- Plan Type: 401(k)
- Total Participants: 5,148
- Total Assets: $4.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 5,148 | $4.8M | $82,721 | $273,677 |
| 2023 | 1,305 | $4.4M | $75,962 | $243,712 |
| 2022 | 1,437 | $3.8M | $65,516 | $233,107 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $16,906 | — | $16,906 |
| FLAGSTAR ADVISORS | ADVISOR | $6,698 | — | $6,698 |
| ELLIOTT ROBINSON & COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ELLIOTT ROBINSON & COMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,604
- Estimated Expense Ratio: 0.492% 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 | $27,113 | $10,207 | — | — | — |
| 2023 | $26,289 | $9,510 | — | — | — |
| 2022 | $28,775 | — | — | — | — |