2023 Form 5500 filing — Pointsmith 401k Profit Sharing Plan And Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20250124151407NAL0007800129001) for Pointsmith 401k Profit Sharing Plan And Trust, reported by Pointsmith Holding Company, Inc. under EIN 88-0480686 and plan number 001. It reports 160 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250124151407NAL0007800129001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pointsmith Holding Company, Inc.
- EIN
- 88-0480686
- Plan number
- 001
- Location
- Katy, TX
- Participants
- 160
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,941,710
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,941,710
- Employer contributions
- $259,754
- Participant contributions
- $956,258
- Total income / additions
- $4,759,880
- Benefits paid
- $6,929,052
- Administrative expenses
- $74,397
- Total expenses
- $7,323,591
- Net increase / (decrease)
- -$2,563,711
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $33,964 | $0 |
| Mcconnell & Jones Llp | ACCOUNTANT | $16,899 | not reported in the loaded dataset |
| Sageview Advisory Group, LLC | INVESTMENT ADVISORY | $15,336 | $1 |
| Houston Benefit Consulting LLC | CONSULTANT-TPA | $8,198 | not reported in the loaded dataset |