Plan Snapshot
- Plan Sponsor: Staffing Plus, INC
- Sponsor EIN: 364330853
- Sponsor Address: 7425 JANES AVENUE, WOODRIDGE, IL, 60517
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $9.1M
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 | 120 | $9.1M | $54,218 | $314,544 |
| 2023 | 130 | $8.0M | $77,271 | $261,826 |
| 2022 | 144 | $7.8M | $14,702 | $229,910 |
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 |
|---|---|---|---|---|
| SIKICH CPA LLC | Auditor | $12,700 | — | $12,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,700
- Estimated Expense Ratio: 0.139% 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 | $64,132 | $24,973 | — | $12,700 | — |
| 2023 | $47,596 | $19,792 | — | $12,000 | — |
| 2022 | $46,432 | $21,148 | — | — | $10,300 |