Plan Ledger DOL Form 5500 · updated monthly

Point Dedicated Services, Inc.401(k)

POINT DEDICATED SERVICES, INC. 401(K) PROFIT SHARING PLAN · TROY, MI · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

Point Dedicated Services, Inc. reported $38,464 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $360 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 1.43% to 1.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Michigan (2,255th of 2,619), and 1,947th of 2,677 in transportation & warehousing. In 2024, employees put in $5.75 for every $1.00 the employer contributed; active participation has shrunk from 216 to 182 since 2022.

Plan summary
Net assets, end of year$2,958,951
Participants with balances187
Active participants182
Employer contributions$65,481
Employee contributions$376,435
Employer contribution per active participant$360
Average account balance$15,823
Benefits paid to participants$778,987
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 187 accts · $65K emplr
2023$2.9M · 191 accts · $46K emplr
2022$2.4M · 210 accts · $71K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,393
Audit (IQPA)$14,464
Trustee / custodial$1,942
Total administrative$38,464
The Point Dedicated Services, Inc. 401(k) match · 2024
Employer contribution per active participant$360
Median for plans this size$1,313
2024$360 per active participant
2023$239 per active participant
2022$330 per active participant

Point Dedicated Services, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$21,393
CBIZ INVESTMENT ADVISORY SERVICES · Investment management$14,464
CHARLES SCHWAB BANK · Custodial (securities)$2,607

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$38,464 · 1.31%
2023$35,430 · 1.34%
2022$36,193 · 1.43%
Similar plansTransportation & Warehousing · Michigan
Mlt Transport, LLC MI$3.9M · 0.88%
Roth Trucking, Inc. MI$3.4M · 1.93%
Rls Hutt Regional LLC MI$3.1M · 0.51%
Blue Water Trucking, Inc. MI$2.8M · 1.26%
Same Day Delivery, Inc. MI$2.4M · 1.43%
Ralph Moyle, Inc. MI$2.2M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383263874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.