Department of Labor filing

ADVANCED PAYROLL SOLUTIONS, INC.

ADVANCED PAYROLL SOLUTIONS, INC. 401(K) PROFIT SHARING PLAN & TRUST · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Aug 26, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

50filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,579

Reported employer contributions per active participant.

Higher than about 62% of comparable plans

#People in the filing

529

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$157 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 22% of comparable plans

↗Investment performance

Not available

Plan assets changed 19.2%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202450out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions62nd percentileTypical peer $1,145 · based on 241 comparable plans

Lower reported administrative expense22nd percentileTypical peer $91 · based on 244 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, ADVANCED PAYROLL SOLUTIONS, INC. reported $835,417 in employer contributions across the plan and 529 active participants. That works out to $1,579 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy89%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 14.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 98.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context50/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $835,417
Participant contributions: $1,414,211
Other contributions: $72,007
Employer share of reported contributions: 37.1%
Beginning assets: $19,602,108
Ending assets: $23,359,055
Ending net assets: $23,359,055
Ending liabilities: $0
Total income: $5,149,705
Total expenses: $1,392,758
Administrative expenses: $87,898
Participant loans: $1,264,687

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,384

2023

$1,530

2024

$1,579

Plan-paid administrative expenses per participant

2022

$79

2023

$198

2024

$157

Active participants

2022

430

2023

463

2024

529

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,579	529	23.4M	20250826143948NAL0004523827001
2023	$1,530	463	19.6M	20241014171202NAL0015345427001
2022	$1,384	430	16M	20240120115853NAL0008544432001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 5.4%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 562593567-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Mar 1, 2000
Industry: Real estate
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
PRINCIPAL LIFE INSURANCE COMPANY	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250826143948NAL0004523827001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗