Plan Ledger DOL Form 5500 · updated monthly

Point Spring & Driveshaft Co.401(k)

POINT SPRING COMPANY EMPLOYEES 401(K) PROFIT SHARING PLAN · NEVILLE ISLAND, PA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Point Spring & Driveshaft Co. reported $21,015 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,993 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 0.24% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,321st of 3,651), and 2,966th of 4,246 in wholesale trade. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,664,982
Participants with balances160
Active participants141
Employer contributions$280,999
Employee contributions$466,147
Employer contribution per active participant$1,993
Average account balance$60,406
Benefits paid to participants$1,837,392
Plan auditUnmodified (clean) audit opinion
AuditorCYPHER & CYPHER
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 160 accts · $281K emplr
2023$9.6M · 153 accts · $261K emplr
2022$8.2M · 151 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,015
Investment management$20,000
Total administrative$21,015
The Point Spring & Driveshaft Co. 401(k) match · 2024
Employer contribution per active participant$1,993
Median for plans this size$1,313
2024$1,993 per active participant
2023$1,935 per active participant
2022$1,865 per active participant

Point Spring & Driveshaft Co.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,000
JPMORGAN INVEST HOLDINGS LLC$1,015

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$21,015 · 0.22%
2023$27,255 · 0.31%
2022$28,832 · 0.24%
Same employer
Similar plansWholesale Trade · Pennsylvania
Toyotalift Northeast, LLC PA$10.2M · 0.23%
Gerard Daniel Worldwide PA$10.2M · 0.48%
Agriteer LLC PA$9.9M · 0.05%
Tura, Inc. PA$9.9M · 0.48%
Timac Agro USA, Inc. PA$9.3M · 0.50%
Genus Lifesciences Inc. PA$9.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251124449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.