Plan Ledger DOL Form 5500 · updated monthly

Qe Solar, LLC401(k)

QE SOLAR LLC 401(K) PROFIT SHARING PLAN & TRUST · CRANFORD, NJ · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Qe Solar, LLC reported $11,314 in plan administrative expenses for 2023: 0.31% of average plan assets, below the peer median. Employer contributions averaged $2,135 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (1,935th of 2,419), and 2,404th of 3,341 in other services. In 2023, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,400,989
Participants with balances164
Active participants157
Employer contributions$335,179
Employee contributions$754,409
Employer contribution per active participant$2,135
Average account balance$26,835
Benefits paid to participants$76,866
Plan auditUnmodified (clean) audit opinion
AuditorEEPB
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,492
Investment management$2,822
Total administrative$11,314
The Qe Solar, LLC 401(k) match · 2023
Employer contribution per active participant$2,135
Median for plans this size$1,308

Qe Solar, LLC's 2023 employer contribution ran above the $1,308 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 · 20231
PAYCHEX, INC. · Recordkeeping$10,633

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

Administrative cost history1
2023$11,314 · 0.31%
Similar plansOther Services · New Jersey
Tri County Cmo NJ$5.5M · 0.04%
The Atlantic Club, Inc. NJ$5.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273596576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.