Plan Ledger DOL Form 5500 · updated monthly

Ionq, Inc.401(k)

IONQ 401(K) PLAN · COLLEGE PARK, MD · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Ionq, Inc. reported $16,557 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,468 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 rose from 0.01% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 557th-largest of 1,671 plans among Maryland employers on file, and the 890th of 2,199 in information & media. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,830,470
Participants with balances350
Active participants376
Employer contributions$2,432,020
Employee contributions$5,096,479
Employer contribution per active participant$6,468
Average account balance$70,944
Benefits paid to participants$650,956
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$24.8M · 350 accts · $2.4M emplr
2023$13.6M · 262 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,557
Total administrative$16,557
The Ionq, Inc. 401(k) match · 2024
Employer contribution per active participant$6,468
Median for plans this size$2,416
2024$6,468 per active participant
2023$5,230 per active participant

Ionq, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$49,850

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

Administrative cost history2
2024$16,557 · 0.09%
2023$750 · 0.01%
Same employer
Similar plansInformation & Media · Maryland
Recorded Books, Inc. MD$30.9M · 0.31%
Datalab USA, LLC MD$30.7M · 0.06%
Iq Solutions, Inc. MD$27.2M · 0.51%
One Call Concepts, Inc. MD$24.3M · 0.12%
Ancile Solutions, Inc. MD$23.8M · 0.01%
Zerofox, Inc. MD$22.3M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475522175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.