Plan Ledger DOL Form 5500 · updated monthly

Hanwha Q Cells America401(k)

HANWHA Q CELLS AMERICA 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.39%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Hanwha Q Cells America reported $37,229 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $3,775 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.48% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (5,035th of 9,483), and 2,706th of 4,246 in wholesale trade. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,715,483
Participants with balances266
Active participants279
Employer contributions$1,053,294
Employee contributions$2,369,572
Employer contribution per active participant$3,775
Average account balance$44,043
Benefits paid to participants$1,319,927
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 266 accts · $1.1M emplr
2023$7.5M · 238 accts · $901K emplr
2022$6.6M · 239 accts · $656K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,667
Investment management$22,562
Total administrative$37,229
The Hanwha Q Cells America 401(k) match · 2024
Employer contribution per active participant$3,775
Median for plans this size$1,313
2024$3,775 per active participant
2023$3,152 per active participant
2022$2,278 per active participant

Hanwha Q Cells America's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PCS RETIREMENT, LLC · Recordkeeping · Contract administrator$14,667
ALLIANCE BENEFIT GROUP CONSULTANTS · Investment advisory (plan)$22,562

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$37,229 · 0.39%
2023$46,045 · 0.66%
2022$28,991 · 0.48%
Same employer
Similar plansWholesale Trade · California
Marshall Electronics, Inc. CA$12.2M · 0.38%
Markstein Sales Co. CA$12.1M · 0.44%
Cyberpower Inc. CA$12.0M · 1.28%
Stan Boyett & Son, Inc. CA$11.7M · 0.33%
Rancho Foods Inc. CA$11.7M · 0.03%
Test Rite Products Corp. CA$11.4M · 0.60%
Ziphq, Inc. CA$11.3M · 0.10%
Dolan's of Concord/Pinole CA$11.2M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260871938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.