Plan Snapshot
- Plan Sponsor: Trs Staffing Solutions, INC.
- Sponsor EIN: 570785147
- Sponsor Address: 6700 LAS COLINAS BOULEVARD, IRVING, TX, 75039
- Plan Type: 401(k)
- Total Participants: 619
- Total Assets: $28.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 619 | $28.1M | $188,000 | $2.4M |
| 2023 | 730 | $26.4M | $136,000 | $2.6M |
| 2022 | 1,069 | $24.5M | $95,000 | $3.1M |
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 |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | NONE | $92,200 | — | $92,200 |
| WATSON WYATT INVESTMENT CONSULTING | NONE | $46,818 | — | $46,818 |
| ERNST & YOUNG, LLP | NONE | $35,500 | — | $35,500 |
| VOYA RETIREMENT ADVISORS, LLC | NONE | $9,602 | — | $9,602 |
| NORTHERN TRUST COMPANY | NONE | $6,166 | — | $6,166 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WATSON WYATT INVESTMENT CONSULTING — NONE
- ERNST & YOUNG, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $190,286
- Estimated Expense Ratio: 0.677% 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 | $118,000 | $10,000 | — | $35,000 | — |
| 2023 | $189,000 | $24,000 | — | $43,000 | — |
| 2022 | $151,000 | — | — | — | $151,000 |