Plan Snapshot
- Plan Sponsor: Staff Management, INC.
- Sponsor EIN: 363243445
- Sponsor Address: 5919 SPRING CREEK ROAD, ROCKFORD, IL, 61114
- Plan Type: 401(k)
- Total Participants: 1,257
- Total Assets: $32.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,257 | $32.8M | $718,056 | $2.5M |
| 2023 | 1,005 | $27.6M | $515,164 | $2.0M |
| 2022 | 1,042 | $23.6M | $528,845 | $1.9M |
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 |
|---|---|---|---|---|
| BENNING GROUP, LLC | Auditor | $47,398 | — | $47,398 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENNING GROUP, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,398
- Estimated Expense Ratio: 0.145% 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 | $192,904 | $89,172 | $48,598 | $47,398 | — |
| 2023 | $135,027 | $73,615 | $33,331 | $12,200 | — |
| 2022 | $149,945 | $87,368 | $51,177 | — | $11,400 |