BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN

Plan Contact

  • Address: 5850 GRANITE PARKWAY,,PLANO,TX
  • Contact person: SUSAN MCCOY
  • Phone: (972) 233-7652

Plan General Information

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN is $36,732,494.00.This plan was established in 2002.

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN is 5105

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN is $7,195.00

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN is $953.00.

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN is approximately $414.00
Investing in this additonal $414.00 for 20 years would give you extra $26,533.00, assuming a 10% annual return.

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN Total Employer Contribution and Match Rate

In 2023, BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN allocates $2,116,483.00 to match its employees' contributions, providing an employer match rate of 52.88% of their contributions

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN is 42.71%.

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN is 21.62%. This measures the effectiveness of the plan participants' investments in the year.

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN is 0.34%.

Enrollment Features

BG STAFF SERVICES INC. RETIREMENT SAVINGS PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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