Plan Snapshot
- Plan Sponsor: Onpoint Industrial Services, LLC
- Sponsor EIN: 473370012
- Sponsor Address: 906 W 13TH STREET, DEER PARK, TX, 77536
- Plan Type: 401(k)
- Total Participants: 1,735
- Total Assets: $12.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,735 | $12.8M | $201,750 | $1.8M |
| 2023 | 935 | $11.6M | $159,328 | $1.3M |
| 2022 | 1,126 | $9.7M | $140,529 | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $7,650 | — | $7,650 |
| CREATIVE RETIREMENT SYSTEMS, INC. | TPA | — | $5,885 | $5,885 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,535
- Estimated Expense Ratio: 0.106% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $29,366 | $8,016 | $19,800 | — | — |
| 2023 | $20,021 | — | — | — | — |
| 2022 | $35,453 | — | — | — | — |