Plan Snapshot
- Plan Sponsor: Staffco Of Brooklyn, LLC
- Sponsor EIN: 274504501
- Sponsor Address: 500 COMMACK ROAD SUITE 206, COMMACK, NY, 11725
- Plan Type: 403(b)
- Total Participants: 3,184
- Total Assets: $154.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 3,184 | $154.7M | $5.7M | $9.9M |
| 2023 | 3,107 | $130.9M | $5.0M | $9.0M |
| 2022 | 2,213 | $107.3M | $4.4M | $8.1M |
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 |
|---|---|---|---|---|
| FUST CHARLES | Auditor | $20,676 | — | $20,676 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,676
- Estimated Expense Ratio: 0.013% 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 | $370,930 | $70,117 | $179 | $20,676 | — |
| 2023 | $272,011 | $50,083 | $100 | $36,000 | — |
| 2022 | $243,594 | $72,118 | — | — | $34,000 |