Point B, Inc. 401(k) Review & Grade
Point B, Inc.& Affiliated Employers 401(k) Plan
Seattle, WAProfessional, Scientific & Technical Services604 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$0Employer $ per active participant
$15,757Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$152.2MNet plan assets, end of year
$166,327Average balance per account
Score breakdown
- Employer generosity2.0 / 504th percentile for employer $ per participant
- Low cost22.6 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving13.7 / 1591th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 4th |
| Lower admin cost | 90th |
| Employee saving | 91th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
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Red flags from the filing
Corrective distributions: the plan refunded $1,785 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Point B put in about $0 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $91 |
| Participant (employee) contributions | $9,517,082 |
| Other contributions (incl. rollovers in) | $690,511 |
| Administrative expenses paid from the plan | $60,357 |
| Benefits paid out | $28,503,817 |
| Net assets, start / end of year | $149.2M / $152.2M |
| Active participants, start / end of year | 671 / 537 |
| Participants with account balances | 915 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $60,427 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009171810NAL0003780339001, received 2025-10-09, EIN 26-3473011, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.