Plan Ledger DOL Form 5500 · updated monthly

Essential Services Intermediate Holding Corporation dba Turnpoint Serv401(k)

TURNPOINT 401(K) PLAN · LOUISVILLE, KY · plan year 2025

Reported admin expense ratio · 2025
0.45%

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

Essential Services Intermediate Holding Corporation dba Turnpoint Serv reported $681,905 in plan administrative expenses for 2025: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,075 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 fell from 0.67% to 0.45%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other construction employers. By assets it is the 54th-largest of 871 plans among Kentucky employers on file, and the 396th of 5,337 in construction. In 2025, employees put in $3.89 for every $1.00 the employer contributed; active participation has grown from 5,139 to 6,141 since 2022.

Plan summary
Net assets, end of year$170,286,480
Participants with balances9,292
Active participants6,141
Employer contributions$6,604,561
Employee contributions$25,692,211
Employer contribution per active participant$1,075
Average account balance$18,326
Benefits paid to participants$21,582,617
Plan auditUnmodified (clean) audit opinion
AuditorJONES NALE AND MATTINGLY PLC
Plan history4
Yearassets · accounts · employer contribution
2025$170.3M · 9,292 accts · $6.6M emplr
2024$131.5M · 7,957 accts · $6.4M emplr
2023$100.2M · 6,389 accts · $5.4M emplr
2022$64.9M · 5,337 accts · $4.7M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$514,255
Investment management$134,650
Audit (IQPA)$33,000
Total administrative$681,905
The Essential Services Intermediate Holding Corporation dba Turnpoint Serv 401(k) match · 2025
Employer contribution per active participant$1,075
Median for plans this size$4,093
2025$1,075 per active participant
2024$1,008 per active participant
2023$943 per active participant
2022$916 per active participant

Essential Services Intermediate Holding Corporation dba Turnpoint Serv's 2025 employer contribution ran below the $4,093 median for plans its size, in the bottom quarter of its peers. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$514,255
ROBERT W BAIRD & CO · Investment advisory (plan)$97,781
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$36,869
JONES, NALE & MATTINGLY PLC · Accounting / audit$33,000

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

Administrative cost history4
2025$681,905 · 0.45%
2024$660,479 · 0.57%
2023$638,950 · 0.77%
2022$359,445 · 0.67%
Same employer
Similar plansConstruction · Kentucky
Gray Construction, Inc KY$208.6M · 0.15%
Gray, Inc. KY$177.4M · 0.19%
The Drees Company KY$159.8M · 0.14%
Fischer Management, LLC KY$94.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813502817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.