Plan Ledger DOL Form 5500 · updated monthly

Q-Tech Corporation401(k)

Q-TECH CORPORATION 401(K) PROFIT SHARING PLAN · CYPRESS, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Q-Tech Corporation reported $67,289 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $719 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 0.39% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,322nd-largest of 9,483 plans among California employers on file, and the 5,461st of 13,661 in manufacturing. In 2024, employees put in $8.84 for every $1.00 the employer contributed; active participation has grown from 159 to 184 since 2022.

Plan summary
Net assets, end of year$22,735,755
Participants with balances181
Active participants184
Employer contributions$132,204
Employee contributions$1,169,083
Employer contribution per active participant$719
Average account balance$125,612
Benefits paid to participants$1,231,291
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 181 accts · $132K emplr
2023$19.0M · 182 accts · $123K emplr
2022$16.0M · 178 accts · $110K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,289
Total administrative$67,289
The Q-Tech Corporation 401(k) match · 2024
Employer contribution per active participant$719
Median for plans this size$2,416
2024$719 per active participant
2023$713 per active participant
2022$694 per active participant

Q-Tech Corporation's 2024 employer contribution ran below the $2,416 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 · 20242
JOHN HANCOCK USA · Recordkeeping$546
LAZARI CAPITAL MANAGEMENT, INC. · Investment advisory (participants)$31,572

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$67,289 · 0.32%
2023$37,620 · 0.21%
2022$68,143 · 0.39%
Same employer
Similar plansManufacturing · California
K-1 Packaging Group CA$22.8M · 0.30%
Pct Enterprises, Inc. CA$22.8M · 0.19%
The Hess Collection Winery CA$22.7M · 0.21%
Megamex Foods LLC CA$22.5M · 0.27%
Opto 22 CA$22.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952784322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.