Plan Ledger DOL Form 5500 · updated monthly

Hanwha Q Cells USA Corp.401(k)

HANWHA Q CELLS USA CORP. 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Hanwha Q Cells USA Corp. reported $29,242 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,515 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 1 year on file its reported administrative ratio fell from 0.36% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 4,192nd-largest of 9,483 plans among California employers on file, and 6,307th of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,195,184
Participants with balances378
Active participants444
Employer contributions$1,560,844
Employee contributions$3,196,470
Employer contribution per active participant$3,515
Average account balance$42,844
Benefits paid to participants$862,433
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$16.2M · 378 accts · $1.6M emplr
2023$7.9M · 214 accts · $842K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,005
Investment management$24,237
Total administrative$29,242
The Hanwha Q Cells USA Corp. 401(k) match · 2024
Employer contribution per active participant$3,515
Median for plans this size$2,416
2024$3,515 per active participant
2023$3,478 per active participant

Hanwha Q Cells USA Corp.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · Contract administrator · Recordkeeping$5,005
ALLIANCE BENEFITS GROUP CONSULTANTS · Investment advisory (participants)$24,237

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 history2
2024$29,242 · 0.24%
2023$21,313 · 0.36%
Same employer
Similar plansProfessional & Technical Services · California
Dnanexus, Inc. CA$16.3M · 0.31%
Newrocket CA$16.2M · 0.14%
One, Inc. CA$16.2M · 0.25%
Symvionics, Inc. CA$16.1M · 0.03%
Policylink CA$16.1M · 0.06%
Kitty Hawk Corporation CA$16.1M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 880484512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.