Plan Snapshot
- Plan Sponsor: Specialist Staffing Solutions, INC.
- Sponsor EIN: 271623818
- Sponsor Address: 909 FANNIN ST SUITE P-350, HOUSTON, TX, 77010
- Plan Type: 401(k)
- Total Participants: 2,833
- Total Assets: $40.4M
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 | 2,833 | $40.4M | $2.0M | $7.0M |
| 2023 | 1,771 | $33.6M | $1.0M | $7.4M |
| 2022 | 1,884 | $24.9M | $679,520 | $7.3M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $70,501 | — | $70,501 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $28,138 | — | $28,138 |
| NOVA 401(K) ASSOCIATES | Other Service Provider | $16,807 | — | $16,807 |
| SCHWAB RETIREMENT PLAN SERVICES, IN | Recordkeeper | $13,408 | — | $13,408 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES, IN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $128,854
- Estimated Expense Ratio: 0.319% 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 | $116,815 | $453 | — | — | — |
| 2023 | $142,533 | $121,425 | — | — | — |
| 2022 | $120,227 | — | $120,227 | — | — |