Pinion, LLC 401(k) Review & Grade
Pinion, LLC 401(k) Plan
Salina, KSProfessional, Scientific & Technical Services642 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$7,685Employer $ per active participant
$6,772Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$125.6MNet plan assets, end of year
$168,389Average balance per account
Score breakdown
- Employer generosity42.9 / 5086th percentile for employer $ per participant
- Low cost16.3 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving5.1 / 1534th 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 | 86th |
| Lower admin cost | 65th |
| Employee saving | 34th |
| 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
- Pinion put in about $7,685 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.
- 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.
- 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 | $4,937,296 |
| Participant (employee) contributions | $4,350,783 |
| Other contributions (incl. rollovers in) | $641,665 |
| Administrative expenses paid from the plan | $173,711 |
| Investment advisory & management fees | $173,711 |
| Benefits paid out | $14,014,070 |
| Net assets, start / end of year | $123.5M / $125.6M |
| Active participants, start / end of year | 678 / 607 |
| Participants with account balances | 746 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eide Bailly, LLP |
Largest service providers (Schedule C)
| Nationwide | $104,573 reported compensation |
| Iron-Co-Fid-Comprehensive | $61,278 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251218083006NAL0005228193001, received 2025-12-18, EIN 48-0567703, plan #002, plan year 2024-04-01 to 2025-03-31. Verify at efast.dol.gov.