Plan Ledger DOL Form 5500 · updated monthly

Qed Systems, LLC401(k)

QED SYSTEMS, LLC 401(K) PLAN AND TRUST · ABERDEEN PROVING GROUN, MD · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Qed Systems, LLC reported $80,245 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,397 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 0.63% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 745th-largest of 1,671 plans among Maryland employers on file, and 6,228th of 11,654 in professional & technical services. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 198 to 298 since 2022.

Plan summary
Net assets, end of year$16,546,281
Participants with balances297
Active participants298
Employer contributions$1,012,335
Employee contributions$2,511,541
Employer contribution per active participant$3,397
Average account balance$55,711
Benefits paid to participants$983,571
Plan auditUnmodified (clean) audit opinion
AuditorWEYRICH, CRONIN & SORRA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 297 accts · $1.0M emplr
2023$11.9M · 235 accts · $671K emplr
2022$8.4M · 198 accts · $510K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,245
Total administrative$80,245
The Qed Systems, LLC 401(k) match · 2024
Employer contribution per active participant$3,397
Median for plans this size$2,416
2024$3,397 per active participant
2023$2,593 per active participant
2022$2,576 per active participant

Qed Systems, LLC's 2024 employer contribution ran above the $2,416 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
JOHN HANCOCK · Claims processing · Loan processing$19,323
AMERICAN RETIREMENT PLAN SERVICES, · Recordkeeping$6,447
FOUNDERS FINANCIAL SERVICES · Investment advisory (participants) · Investment advisory (plan)$51,577

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

Recordkeeper by year2
2024AMERICAN RETIREMENT PLAN SERVICES,, John Hancock
2023AMERICAN RETIREMENT PLAN SERVICES,, John Hancock

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Administrative cost history3
2024$80,245 · 0.56%
2023$56,553 · 0.56%
2022$56,333 · 0.63%
Same employer
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Hollis Seunarine Mdpa LLC MD$16.9M · 0.32%
Sparksoft Corporation MD$16.7M · 0.54%
Senseonics Incorporated MD$16.7M · 0.01%
Ains, Inc. MD$16.6M · 0.45%
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Sixgen, Inc. MD$16.4M · 0.40%
The August Jackson Company MD$16.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202914519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.