American Structurepoint, Inc. 401(k) Review & Grade
American Structurepoint, Inc. 401(k) Plan
Indianapolis, INProfessional, Scientific & Technical Services656 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$11,570Employer $ per active participant
$12,348Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$109.1MNet plan assets, end of year
$148,828Average balance per account
Score breakdown
- Employer generosity46.7 / 5093th percentile for employer $ per participant
- Low cost6.1 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1576th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 24th |
| Employee saving | 76th |
| Peers that auto-enroll | 48% |
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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
- American Structurepoint put in about $11,570 per active participant, more than the typical peer ($3,082). 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 (0.48% 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 | $7,589,794 |
| Participant (employee) contributions | $8,100,298 |
| Other contributions (incl. rollovers in) | $750,922 |
| Administrative expenses paid from the plan | $474,999 |
| Investment advisory & management fees | $27,877 |
| Other admin expenses | $15,430 |
| Benefits paid out | $6,997,440 |
| Net assets, start / end of year | $88.2M / $109.1M |
| Active participants, start / end of year | 590 / 722 |
| Participants with account balances | 733 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Donovan P.C. |
Largest service providers (Schedule C)
| Raymond James & Associates Inc | $27,877 reported compensation |
| Fidelity Investments Institutional | $15,930 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250730094958NAL0005305504001, received 2025-07-30, EIN 35-1127317, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.