Plan5500

Personnel Outsource 401(K) Plan — Form 5500 plan (Personnel Outsource Solutions, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Personnel Outsource 401(K) Plan is a benefit plan reported by Personnel Outsource Solutions, Inc. under EIN 56-2198979 and plan number 001. The latest loaded filing year is 2023. The filing reports 380 participants and $2,022,380 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Personnel Outsource Solutions, Inc.
EIN
56-2198979
Plan number
001
Plan type
2
Location
Kinston, NC
Latest filing year
2023
Participants
380
End-of-year plan assets
$2,022,380

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023380H, C20240808094240NAL0002753891001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,022,380
Total liabilities (EOY)
$0
Net assets (EOY)
$2,022,380
Net assets (BOY)
$1,569,721

Income & contributions

Employer contributions
$149,693
Participant contributions
$436,959
Total contributions
$690,700
Total income / additions
$954,662

Expenses & distributions

Benefits paid
$484,278
Administrative expenses
$17,725
Total expenses
$502,003
Net increase / (decrease)
$452,659

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Qrps, IncCONTRACT ADMINISTRATOR$10,450not reported in the loaded dataset2023
American FundsRECORDKEEPER$7,275not reported in the loaded dataset2023

Related Form 5500 pages