Plan Ledger DOL Form 5500 · updated monthly

Qlarant, Inc.Money purchase plan

QLARANT MONEY PURCHASE PENSION PLAN · EASTON, MD · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Qlarant, Inc. reported $2,680 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,833 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 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 284th-largest of 1,671 plans among Maryland employers on file, and the 1,600th of 11,911 in health care & social assistance. active participation has grown from 456 to 686 since 2022.

Plan summary
Net assets, end of year$60,409,651
Participants with balances697
Active participants686
Employer contributions$4,687,329
Employee contributions—
Employer contribution per active participant$6,833
Average account balance$86,671
Benefits paid to participants$3,029,069
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$60.4M · 697 accts · $4.7M emplr
2023$51.5M · 618 accts · $4.4M emplr
2022$43.7M · 591 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,680
Total administrative$2,680
Employer contributions to the Qlarant, Inc. plan · 2024
Employer contribution per active participant$6,833
Median for plans this size$3,635
2024$6,833 per active participant
2023$8,992 per active participant
2022$8,356 per active participant

Qlarant, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
MATRIX · Contract administrator · Recordkeeping$2,680

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

Recordkeeper by year2
2024MATRIX, Newport (Ascensus)
2023MATRIX, Newport (Ascensus)

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Administrative cost history3
2024$2,680 · 0.00%
2023$4,680 · 0.01%
2022$3,375 · 0.01%
All plans at this employer2
QLARANT 403(B) PLAN403(b)
QLARANT MONEY PURCHASE PENSION PLANMoney purchase plan
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Service Coordination, Inc. MD$46.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263670453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.