STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES

Plan Contact

  • Address: 201 EAST FOURTH STREET SUITE 800,CINCINNATI,OH
  • Contact person: RACHEL STEVENS
  • Phone: (866) 765-7544

Plan General Information

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES Total Retirement Plan Assets

At the end of 2022, the total retirement plan assets of STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES is $42,778,309.00.This plan was established in 2007.

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2022, the total number of retirement plan participants in STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES is 767

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES Average Participant Retirement Account Value

In 2022, the average participant retirement account value for STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES is $55,773.00

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES Estimated Average Employee Contribution Amount

In 2022, the estimated average employee contribution amount per participant for STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES is $313.00.

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES Estimated Average Employer Match

In 2022, the estimated average employer match for an employee in STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES is approximately $77.00
Investing in this additonal $77.00 for 20 years would give you extra $4,958.00, assuming a 10% annual return.

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES Total Employer Contribution and Match Rate

In 2022, STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES allocates $59,430.00 to match its employees' contributions, providing an employer match rate of 24.63% of their contributions

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES Total Retirement Plan Asset Growth Rate

In 2022, the total retirement plan asset growth rate of STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES is -12.64%.

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES Estimated Aggregate Retirement Account Investment Gain/Loss

In 2022, the estimated aggregate retirement account investment gain/loss for STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES is -7.88%. This measures the effectiveness of the plan participants' investments in the year.

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES Expense Ratio

In 2022, the investment and administrative expense ratio of STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES is 0.16%.

Enrollment Features

STAFFMARK GROUP, LLC RETIREMENT SAVINGS PLAN FOR STAFF EMPLOYEES 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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