Northpoint Development, LLC 401(k) Review & Grade
Northpoint Development, LLC 401(k) Safe Harbor Plan
Riverside, MOReal Estate & Rental1,084 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,475Employer $ per active participant
$6,181Employee $ saved per active participant
0.41%Direct admin cost, % of plan assets
$69.6MNet plan assets, end of year
$76,349Average balance per account
Score breakdown
- Employer generosity45.2 / 5090th percentile for employer $ per participant
- Low cost7.4 / 2530th percentile for low admin cost vs. same-size plans
- Employee saving11.7 / 1578th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 90th |
| Lower admin cost | 30th |
| Employee saving | 78th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Northpoint Development put in about $4,475 per active participant, more than the typical peer ($1,279). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.41% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,852,942 |
| Participant (employee) contributions | $6,703,354 |
| Other contributions (incl. rollovers in) | $1,748,600 |
| Administrative expenses paid from the plan | $253,536 |
| Benefits paid out | $5,971,421 |
| Net assets, start / end of year | $54.2M / $69.6M |
| Active participants, start / end of year | 1,144 / 1,025 |
| Participants with account balances | 911 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pickett Chaney & Mcmullen LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $129,924 reported compensation |
| Cetera Investment Advisors LLC | $105,614 reported compensation |
| James A. Reichert | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008142500NAL0003358579001, received 2025-10-08, EIN 45-4405321, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.