Plan Ledger DOL Form 5500 · updated monthly

Q2 Holdings, Inc.401(k)

Q2 HOLDINGS, INC. 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Q2 Holdings, Inc. reported $250,531 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $4,074 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 0.19% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 366th-largest of 5,688 plans among Texas employers on file, and the 736th of 11,654 in professional & technical services. In 2024, employees put in $3.56 for every $1.00 the employer contributed; active participation has shrunk from 1,849 to 1,660 since 2022.

Plan summary
Net assets, end of year$219,179,896
Participants with balances2,115
Active participants1,660
Employer contributions$6,763,027
Employee contributions$24,081,003
Employer contribution per active participant$4,074
Average account balance$103,631
Benefits paid to participants$13,827,256
Plan auditUnmodified (clean) audit opinion
AuditorBAUER&COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$219.2M · 2,115 accts · $6.8M emplr
2023$171.2M · 2,145 accts · $6.8M emplr
2022$126.3M · 2,204 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,286
Investment management$165,245
Total administrative$250,531
The Q2 Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,074
Median for plans this size$3,635
2024$4,074 per active participant
2023$3,997 per active participant
2022$3,557 per active participant

Q2 Holdings, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,286
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$85,245
ALLIANT RETIREMENT SERVICES · Investment advisory (plan)$80,000

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$250,531 · 0.13%
2023$229,656 · 0.15%
2022$237,132 · 0.19%
Similar plansProfessional & Technical Services · Texas
Cdi Corporation TX$239.1M · 0.15%
Susman Godfrey L.L.P. TX$229.8M · 0.04%
Trend Micro, Incorporated TX$222.8M · 0.09%
Pros, Inc. TX$218.6M · 0.07%
Pathway Vet Alliance LLC TX$207.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202706637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.