Plan Ledger DOL Form 5500 · updated monthly

Crosspoint, Inc.401(k)

CROSSPOINT, INC. 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.31%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Crosspoint, Inc. reported $7,117 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,773 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio rose from 0.15% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (4,751st of 5,688), and 2,764th of 3,341 in other services. In 2024, the employer put in $3.68 for every $1.00 employees contributed themselves; active participation has grown from 86 to 120 since 2021.

Plan summary
Net assets, end of year$2,487,076
Participants with balances257
Active participants120
Employer contributions$212,743
Employee contributions$57,854
Employer contribution per active participant$1,773
Average account balance$9,677
Benefits paid to participants$189,886
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$2.5M · 257 accts · $213K emplr
2023$2.0M · 231 accts · $183K emplr
2022$1.8M · 201 accts · $151K emplr
2021$2.2M · 181 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,117
Total administrative$7,117
The Crosspoint, Inc. 401(k) match · 2024
Employer contribution per active participant$1,773
Median for plans this size$1,313
2024$1,773 per active participant
2023$1,637 per active participant
2022$1,627 per active participant
2021$1,963 per active participant

Crosspoint, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE CO (USA · Recordkeeping · Investment management$2,230

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2024$7,117 · 0.31%
2023$5,925 · 0.31%
2022$4,339 · 0.22%
2021$3,324 · 0.15%
Same employer
Similar plansOther Services · Texas
Peveto Companies LTD. TX$2.6M · 0.37%
Lone Star Peo, Inc. TX$2.4M · 1.12%
K&R Operating LLC TX$2.4M · 1.26%
Operation Kindness TX$2.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 746058916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.