Plan Ledger DOL Form 5500 · updated monthly

Expresspoint Technology401(k)

EXPRESSPOINT TECHNOLOGY SERVICES, INC. 401(K) PLAN · EL PASO, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Expresspoint Technology reported $44,758 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $920 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 2 years on file its reported administrative ratio rose from 0.22% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,808th-largest of 5,688 plans among Texas employers on file, and the 1,492nd of 3,341 in other services. In 2024, employees put in $5.04 for every $1.00 the employer contributed; active participation has shrunk from 170 to 106 since 2022.

Plan summary
Net assets, end of year$11,860,310
Participants with balances125
Active participants106
Employer contributions$97,548
Employee contributions$491,851
Employer contribution per active participant$920
Average account balance$94,882
Benefits paid to participants$2,250,258
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 125 accts · $98K emplr
2023$11.9M · 150 accts · $129K emplr
2022$10.6M · 156 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,758
Total administrative$44,758
The Expresspoint Technology 401(k) match · 2024
Employer contribution per active participant$920
Median for plans this size$2,416
2024$920 per active participant
2023$1,075 per active participant
2022$843 per active participant

Expresspoint Technology's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$44,758
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$44,758 · 0.38%
2023$40,207 · 0.36%
2022$27,226 · 0.22%
Same employer
Similar plansOther Services · Texas
Ingenesis, Inc. TX$12.5M · 0.82%
Bible Study Fellowship TX$12.0M · 0.02%
Moody Gardens, Inc. TX$11.9M · 0.59%
Arkos Field Services, LP TX$10.3M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411853438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.