Plan Ledger DOL Form 5500 · updated monthly

Point B, Inc.401(k)

POINT B, INC.& AFFILIATED EMPLOYERS 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Point B, Inc. reported $60,357 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 fell from 0.08% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 128th-largest of 1,714 plans among Washington employers on file, and the 1,026th of 11,654 in professional & technical services. In 2024, employees put in $104583.32 for every $1.00 the employer contributed; active participation has shrunk from 967 to 537 since 2022.

Plan summary
Net assets, end of year$152,189,179
Participants with balances915
Active participants537
Employer contributions$91
Employee contributions$9,517,082
Employer contribution per active participant$0
Average account balance$166,327
Benefits paid to participants$28,503,817
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$152.2M · 915 accts · $91 emplr
2023$149.2M · 1,030 accts
2022$128.2M · 1,162 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,357
Total administrative$60,357
The Point B, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

Point B, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,427

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$60,357 · 0.04%
2023$92,272 · 0.07%
2022$106,299 · 0.08%
All plans at this employer2
POINT B, INC.& AFFILIATED EMPLOYERS 401(K) PLAN401(k)
POINT B, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 263473011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.