Lsi Corporation Temporary Services and Placement Agency 401(k) Review & Grade
Lsi Staffing 401(k) Plan
Wichita, KSAdministrative, Support & Staffing Services7,139 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$26Employer $ per active participant
$29Employee $ saved per active participant
0.66%Direct admin cost, % of plan assets
$3.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity9.7 / 5019th percentile for employer $ per participant
- Low cost2.2 / 259th percentile for low admin cost vs. same-size plans
- Employee saving0.4 / 152th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score15 / 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 | 19th |
| Lower admin cost | 9th |
| Employee saving | 2th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Lsi Corporation Temporary Services and Placement Agency put in about $26 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 (0.66% 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.
- 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 | $187,136 |
| Participant (employee) contributions | $206,590 |
| Other contributions (incl. rollovers in) | $3,576 |
| Administrative expenses paid from the plan | $20,149 |
| Benefits paid out | $240,779 |
| Net assets, start / end of year | $2.8M / $3.3M |
| Active participants, start / end of year | 4,710 / 9,568 |
| Participants with account balances | 98 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20251008103010NAL0009563840001, received 2025-10-08, EIN 48-1011085, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.