Plan Ledger DOL Form 5500 · updated monthly

Highpoint Solutions, Inc.401(k)

HIGHPOINT SOLUTIONS, INC. PROFIT SHARING & 401(K) PLAN · SPARTA, NJ · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Highpoint Solutions, Inc. reported $63,115 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $14,508 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 762nd-largest of 2,419 plans among New Jersey employers on file, and the 3,783rd of 11,654 in professional & technical services. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$33,993,092
Participants with balances136
Active participants114
Employer contributions$1,653,966
Employee contributions$1,078,207
Employer contribution per active participant$14,508
Average account balance$249,949
Benefits paid to participants$1,265,971
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,546
Investment management$60,569
Total administrative$63,115
The Highpoint Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$14,508
Median for plans this size$2,416

Highpoint Solutions, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$2,546
M HOLDINGS SECURITIES, INC. · Consulting · Investment advisory (plan)$60,569

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

Administrative cost history1
2024$63,115 · 0.20%
Similar plansProfessional & Technical Services · New Jersey
Lan Associates NJ$34.6M · 0.24%
Navitas, Inc. NJ$34.2M · 0.29%
Emsl Analytical, Inc. NJ$34.1M · 0.47%
Medpro Systems LLC NJ$33.7M · 0.09%
Aus, Inc. NJ$33.6M · 0.24%
Avepoint, Inc. NJ$33.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223462774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.