Plan Ledger DOL Form 5500 · updated monthly

Q Labs LLC401(k)

Q LABS LLC 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Q Labs LLC reported $16,531 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $524 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 rose from 0.18% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,469th of 3,295), and 9,575th of 11,654 in professional & technical services. In 2024, employees put in $8.04 for every $1.00 the employer contributed; active participation has grown from 139 to 163 since 2022.

Plan summary
Net assets, end of year$5,544,791
Participants with balances182
Active participants163
Employer contributions$85,389
Employee contributions$686,400
Employer contribution per active participant$524
Average account balance$30,466
Benefits paid to participants$100,733
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 182 accts · $85K emplr
2023$4.3M · 189 accts · $78K emplr
2022$3.2M · 155 accts · $66K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,531
Total administrative$16,531
The Q Labs LLC 401(k) match · 2024
Employer contribution per active participant$524
Median for plans this size$1,313
2024$524 per active participant
2023$517 per active participant
2022$476 per active participant

Q Labs LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
MORGAN STANLEY SMITH BARNEY LLCindirect comp
RBC CAPITAL MARKETS LLCindirect comp
LATITUDE SERVICE COMPANY INC · Other servicesindirect comp

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$16,531 · 0.34%
2023$5,736 · 0.15%
2022$6,085 · 0.18%
Same employer
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Fast Switch, LTD. OH$5.6M · 0.59%
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Revel IT, Inc. OH$5.5M · 0.65%
The Rehab Continuum, Inc. OH$5.4M · 0.28%
Edaptive Computing, Inc. OH$5.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311163734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.