PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 155 FEDERAL STREET FL 3,BOSTON,MA
  • Contact person: JOHN ANDERSON
  • Phone: (617) 250-1002

Plan General Information

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN is $2,052,211.00.This plan was established in 1998.

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN is 120

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2022, the average participant retirement account value for PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN is $17,101.00

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN is $1,249.00.

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN is approximately $224.00
Investing in this additonal $224.00 for 20 years would give you extra $14,382.00, assuming a 10% annual return.

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2022, PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN allocates $26,968.00 to match its employees' contributions, providing an employer match rate of 19.10% of their contributions

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN is -15.03%.

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN is -17.48%. This measures the effectiveness of the plan participants' investments in the year.

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN Expense Ratio

In 2022, the investment and administrative expense ratio of PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT PLAN is 1.13%.

Enrollment Features

PROFESSIONAL STAFFING GROUP, INC. 401(K) RETIREMENT 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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