Plan Snapshot
- Plan Sponsor: Personnel Outsource Solutions, INC.
- Sponsor EIN: 562198979
- Sponsor Address: PO BOX 2522, KINSTON, NC, 28501
- Plan Type: 401(k)
- Total Participants: 329
- Total Assets: $2.8M
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 | 329 | $2.8M | $307,681 | $613,237 |
| 2023 | 241 | $2.0M | $149,693 | $436,959 |
| 2022 | 264 | $1.6M | $248,103 | $432,136 |
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 |
|---|---|---|---|---|
| QRPS, INC | CONTRACT ADMINISTRATOR | $7,400 | — | $7,400 |
| AMERICAN FUNDS | RECORDKEEPER | $5,150 | — | $5,150 |
| EISNERAMPER, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERICAN FUNDS — RECORDKEEPER
- EISNERAMPER, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,550
- Estimated Expense Ratio: 0.453% 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 | $12,550 | — | $12,550 | — | — |
| 2023 | $17,725 | — | $17,725 | — | — |
| 2022 | $23,674 | — | $23,674 | — | — |