Atrium Staffing Services LTD. 401(k) Review & Grade
Atrium Staffing 401(k) Plan
Pittsburgh, PAAdministrative, Support & Staffing Services4,228 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$78Employer $ per active participant
$1,269Employee $ saved per active participant
0.67%Direct admin cost, % of plan assets
$29.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity16.9 / 5034th percentile for employer $ per participant
- Low cost2.1 / 258th percentile for low admin cost vs. same-size plans
- Employee saving7.6 / 1551th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score17 / 100 · Grade F
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 34th |
| Lower admin cost | 8th |
| Employee saving | 51th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($75 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $9,648 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Atrium Staffing Services put in about $78 per active participant, below the typical peer ($342). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.67% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $328,102 |
| Participant (employee) contributions | $5,364,182 |
| Other contributions (incl. rollovers in) | $581,363 |
| Administrative expenses paid from the plan | $174,076 |
| Contract administrator fees | $137,745 |
| Benefits paid out | $3,907,141 |
| Net assets, start / end of year | $23.3M / $29.0M |
| Active participants, start / end of year | 4,718 / 3,739 |
| Participants with account balances | 927 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Newport Group, Inc. | $144,399 reported compensation |
| D,B. Root & Co., LLC | $19,363 reported compensation |
| Newport Trust Company | $7,838 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007134826NAL0002515763001, received 2025-10-07, EIN 13-3845047, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.