Plan Ledger DOL Form 5500 · updated monthly

Q'Apel Medical Inc.401(k)

Q'APEL MEDICAL INC. 401(K) PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

Q'Apel Medical Inc. reported $17,761 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. 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 0.98% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,060th of 9,483), and 11,295th of 13,661 in manufacturing. active participation has shrunk from 151 to 122 since 2022.

Plan summary
Net assets, end of year$4,818,968
Participants with balances122
Active participants122
Employer contributions—
Employee contributions$1,595,199
Employer contribution per active participant—
Average account balance$39,500
Benefits paid to participants$1,017,987
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 122 accts
2023$3.5M · 140 accts
2022$1.9M · 151 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,761
Total administrative$17,761
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
VESTWELL · Contract administrator · Investment advisory (plan)$17,761

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

Administrative cost history3
2024$17,761 · 0.43%
2023$16,805 · 0.62%
2022$11,361 · 0.98%
Same employer
Similar plansManufacturing · California
Mission Bell Mfg, Inc. CA$4.9M · 1.12%
Merit Aluminum Inc. CA$4.8M · 0.06%
Seachrome Corporation CA$4.8M · 0.63%
Pacific Paper Tube Inc CA$4.8M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 845092943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.