Plan Ledger DOL Form 5500 · updated monthly

Qatar Airways Qcsc401(k)

QATAR AIRWAYS 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Qatar Airways Qcsc reported $11,163 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,885 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 0.06% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 2,752nd-largest of 5,648 plans among New York employers on file, and the 829th of 2,677 in transportation & warehousing. In 2023, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,103,454
Participants with balances361
Active participants262
Employer contributions$755,763
Employee contributions$1,284,012
Employer contribution per active participant$2,885
Average account balance$47,378
Benefits paid to participants$1,888,543
Plan auditUnmodified (clean) audit opinion
AuditorPB MARES, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$17.1M · 361 accts · $756K emplr
2022$14.2M · 350 accts · $677K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,991
Investment management$4,172
Total administrative$11,163
The Qatar Airways Qcsc 401(k) match · 2023
Employer contribution per active participant$2,885
Median for plans this size$2,440
2023$2,885 per active participant
2022$2,882 per active participant

Qatar Airways Qcsc's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$11,163
ADP BROKER-DEALER · 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 history2
2023$11,163 · 0.07%
2022$9,909 · 0.06%
Same employer
Similar plansTransportation & Warehousing · New York
Delaware Otsego Corporation NY$23.0M · 0.02%
Motivate LLC NY$17.1M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980388221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.