Plan Ledger DOL Form 5500 · updated monthly

Solutionpoint International, Inc.401(k)

SOLUTIONPOINT 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Solutionpoint International, Inc. reported $125,279 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $4,856 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 3 years on file its reported administrative ratio has held roughly steady near 0.29%. 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 1,443rd-largest of 5,648 plans among New York employers on file, and the 2,946th of 11,654 in professional & technical services. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,926,213
Participants with balances310
Active participants226
Employer contributions$1,097,398
Employee contributions$2,458,131
Employer contribution per active participant$4,856
Average account balance$148,149
Benefits paid to participants$5,632,449
Plan auditUnmodified (clean) audit opinion
AuditorBDG CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$45.9M · 310 accts · $1.1M emplr
2023$41.9M · 317 accts · $813K emplr
2022$35.1M · 293 accts · $918K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,006
Investment management$107,273
Total administrative$125,279
The Solutionpoint International, Inc. 401(k) match · 2024
Employer contribution per active participant$4,856
Median for plans this size$2,416
2024$4,856 per active participant
2023$3,473 per active participant
2022$4,173 per active participant

Solutionpoint International, 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$18,006
QUINT CAPITAL LLC · Investment advisory (plan)$107,273

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$125,279 · 0.29%
2023$110,289 · 0.29%
2022$101,964 · 0.27%
Same employer
Similar plansProfessional & Technical Services · New York
Moritt Hock & Hamroff LLP NY$47.7M · 0.33%
Greenhouse Software, Inc. NY$47.5M · 0.30%
The Matco Group, Inc. NY$46.4M · 0.24%
Tpg Service Group, LLC NY$45.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273212803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.