Plan Snapshot
- Plan Sponsor: The S2 Hr Solutions Group 1, LLC
- Sponsor EIN: 452568460
- Sponsor Address: 3001 EXECUTIVE DRIVE, SUITE 340, SAINT PETERSBURG, FL, 33762
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 23,776
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 23,776 | $3.2M | $108.2M | $47.5M |
| 2023 | 21,305 | $2.3M | $91.0M | $41.0M |
| 2022 | 20,894 | $1.2M | $78.2M | $39.5M |
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 |
|---|---|---|---|---|
| S2 HR SOLUTIONS DBA ENGAGE | Recordkeeper | $3,238,303 | — | $3,238,303 |
| HEALTH ADVOCATE SOLUTIONS | Other Service Provider | $258,533 | — | $258,533 |
| GROOM | ERISA Attorney | $255,864 | — | $255,864 |
| MILLIMAN SOLUTIONS LLC | Recordkeeper | $206,766 | — | $206,766 |
| TALENT ON DEMAND | Other Service Provider | $89,110 | — | $89,110 |
| BENEFIT RESOURCES | Other Service Provider | $88,499 | — | $88,499 |
| MZQ CONSULTING | Other Service Provider | $62,700 | — | $62,700 |
| COHNREZNICK LLP | Auditor | $27,800 | — | $27,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROOM — ERISA Attorney
- MILLIMAN SOLUTIONS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,227,575
- Estimated Expense Ratio: 131.700% 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 | $4,280,104 | — | — | — | — |
| 2023 | $3,314,782 | — | — | — | — |
| 2022 | $3,123,826 | — | — | — | $111,246 |