On Target Staffing, LLC 401(k) Review & Grade
On Target Staffing, LLC 401(k) Profit Sharing Plan
North Brunswick, NJAdministrative, Support & Staffing Services2,586 active participantsPlan year 2024
Estimate from the plan's Form 5500-SF filing · How we grade
$37Employer $ per active participant
$66Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$956,809Net plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity10.9 / 5022th percentile for employer $ per participant
- Low cost3.4 / 2514th percentile for low admin cost vs. same-size plans
- Employee saving0.7 / 155th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score18 / 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 | 22th |
| Lower admin cost | 14th |
| Employee saving | 5th |
| 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
- On Target Staffing put in about $37 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 (0.48% 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 | $95,171 |
| Participant (employee) contributions | $169,730 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $3,848 |
| Benefits paid out | $58,720 |
| Net assets, start / end of year | $659,090 / $956,809 |
| Active participants, start / end of year | 2,983 / 2,188 |
| Participants with account balances | 46 |
| Auto-enrollment (feature code 2S) | Not reported |
Source: DOL EFAST2 Form 5500-SF filing, acknowledgment ID 20260429102853NAL0010377585001, received 2026-04-29, EIN 22-3787585, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.