Plan Ledger DOL Form 5500 · updated monthly

Pointsmith Holding Company, Inc.401(k)

POINTSMITH 401K PROFIT SHARING PLAN AND TRUST · KATY, TX · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

Pointsmith Holding Company, Inc. reported $79,409 in plan administrative expenses for 2022: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,496 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 1 year on file its reported administrative ratio rose from 0.35% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,992nd-largest of 5,688 plans among Texas employers on file, and the 5,840th of 13,661 in manufacturing. In 2022, employees put in $3.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,505,421
Participants with balances145
Active participants127
Employer contributions$316,958
Employee contributions$1,015,241
Employer contribution per active participant$2,496
Average account balance$141,417
Benefits paid to participants$2,069,964
Plan auditUnmodified (clean) audit opinion
AuditorMCCONNELL & JONES LLC
Plan history2
Yearassets · accounts · employer contribution
2023$17.9M · 79 accts · $260K emplr
2022$20.5M · 145 accts · $317K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$79,409
Total administrative$79,409
The Pointsmith Holding Company, Inc. 401(k) match · 2022
Employer contribution per active participant$2,496
Median for plans this size$2,266
2023$8,957 per active participant
2022$2,496 per active participant

Pointsmith Holding Company, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$74,397 · 0.39%
2022$79,409 · 0.35%
Similar plansManufacturing · Texas
National Presort, LP TX$20.7M · 0.77%
Utex Industries, Inc. TX$20.7M · 0.42%
Alimak Group USA Inc. TX$20.5M · 0.06%
The Shaw Group, LLC TX$20.2M · 0.64%
Garrett Electronics, Inc. TX$20.1M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880480686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.