# Point Spring & Driveshaft Co. 401(k) Plan
Source: https://planprovider.pro/companies/point-spring-driveshaft-co-401k-plan

> Point Spring & Driveshaft Co.'s 401(k) plan: 141 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Point Spring & Driveshaft Co.

- **Sponsor EIN:** 251124449

- **Sponsor Address:** 7307 GRAND AVENUE, NEVILLE ISLAND, PA, 15225

- **Plan Type:** 401(k)

- **Total Participants:** 141

- **Total Assets:** $9.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|141|$9.7M|$280,999|$466,147|

| 2023|135|$9.6M|$261,251|$440,119|

| 2022|145|$8.2M|$270,415|$447,811|

## 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|

| CYPHER & CYPHER|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$21,015|$20,000|—|—|—|

| 2023|$27,255|$20,000|—|—|—|

| 2022|$28,832|—|$28,832|—|—|

## Similar Plans

- [Penn Power Group, LLC](https://planprovider.pro/companies/penn-detroit-diesel-allison-llc-401k-plan-003) — 115 participants

- [Pittsburgh Glass Works, LLC](https://planprovider.pro/companies/pittsburgh-glass-works-llc-plan) — 104 participants

- [Good Tire Service, INC.](https://planprovider.pro/companies/good-tire-service-inc-401k-plan) — 95 participants

- [Powersports Monkey LLC](https://planprovider.pro/companies/powersports-monkey-llc-401k-plan) — 15 participants

- [Berrodin Co.](https://planprovider.pro/companies/berrodin-co-plan) — 0 participants

- [Steve Shannon Tire Company INC](https://planprovider.pro/companies/steve-shannon-tire-company-inc-401k-plan) — 295 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/point-spring-driveshaft-co-401k-plan)

© 2026 PlanProvider.Pro