Plan Snapshot
- Plan Sponsor: Providers Staffing, INC.
- Sponsor EIN: 383209826
- Sponsor Address: 3495 S. CENTER ROAD, BURTON, MI, 48519
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $33.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 156 | $33.9M | $248,809 | $247,774 |
| 2023 | 189 | $33.2M | $317,367 | $368,371 |
| 2022 | 210 | $29.5M | $440,947 | $361,404 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES, INC. | INVESTMENT ADVISOR | $48,609 | — | $48,609 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $46,140 | — | $46,140 |
| LEWIS & KNOPF, CPAS | AUDITOR | $28,200 | — | $28,200 |
| PENSION RESOURCES CORP | CONSULTANT | $6,481 | — | $6,481 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES, INC. — INVESTMENT ADVISOR
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,430
- Estimated Expense Ratio: 0.382% 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 | $132,967 | $55,090 | — | $28,200 | — |
| 2023 | $131,536 | $52,545 | — | $26,900 | — |
| 2022 | $159,886 | $57,434 | — | — | $50,100 |