Plan Snapshot
- Plan Sponsor: Stafflink Outsourcing, INC.
- Sponsor EIN: 650233907
- Sponsor Address: 1371 SAWGRASS CORPORATE PARKWAY, SUNRISE, FL, 33323
- Plan Type: 401(k)
- Total Participants: 1,420
- Total Assets: $52.0M
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. |
|---|---|---|---|---|
| 2023 | 1,420 | $52.0M | $2.3M | $4.8M |
| 2022 | 1,390 | $41.4M | $1.6M | $3.7M |
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 |
|---|---|---|---|---|
| SLAVIC INTEGRATED ADMINISTRATION | Recordkeeper | $394,174 | — | $394,174 |
| BKS FINANCIAL INVESTMENTS, LLC | Investment Advisor | $179,080 | — | $179,080 |
| STAFFLINK OUTSOURCING | Recordkeeper | $117,360 | — | $117,360 |
| WEINSTEIN ZUGMAN, LLC | Auditor | $32,000 | — | $32,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $722,614
- Estimated Expense Ratio: 1.389% 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 |
|---|---|---|---|---|---|
| 2023 | $362,908 | — | $255,767 | — | — |
| 2022 | $284,451 | $81,480 | $187,971 | — | $15,000 |