Plan Ledger DOL Form 5500 · updated monthly

Qiagen North American Holdings, Inc.401(k)

QIAGEN 401(K) PLAN · GERMANTOWN, MD · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Qiagen North American Holdings, Inc. reported $93,372 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,508 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 0.06% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 58th-largest of 1,671 plans among Maryland employers on file, and the 550th of 11,654 in professional & technical services. In 2024, employees put in $3.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$308,296,371
Participants with balances1,878
Active participants1,153
Employer contributions$4,044,413
Employee contributions$15,822,007
Employer contribution per active participant$3,508
Average account balance$164,162
Benefits paid to participants$22,940,071
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$308.3M · 1,878 accts · $4.0M emplr
2023$265.0M · 1,888 accts · $4.5M emplr
2022$210.8M · 1,915 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,089
Investment management$28,283
Total administrative$93,372
The Qiagen North American Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$3,508
Median for plans this size$4,294
2024$3,508 per active participant
2023$3,745 per active participant
2022$3,690 per active participant

Qiagen North American Holdings, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$65,089
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$28,283

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$93,372 · 0.03%
2023$140,647 · 0.06%
2022$145,840 · 0.06%
Similar plansProfessional & Technical Services · Maryland
Spirent Communications, Inc. MD$449.7M · 0.03%
Kci Technologies, Inc. MD$390.0M · 0.03%
Rummel, Klepper & Kahl MD$303.4M · 0.05%
Jensen Hughes, Inc. MD$253.9M · 0.06%
Inovalon, Inc. MD$232.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954801772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.