Plan Ledger DOL Form 5500 · updated monthly

Qosina Corp.401(k)

QOSINA CORP. 401(K) PLAN · RONKONKOMA, NY · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Qosina Corp. reported $87,443 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $874 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 rose from 0.01% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,691st-largest of 5,648 plans among New York employers on file, and the 2,083rd of 4,246 in wholesale trade. In 2024, employees put in $8.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,853,300
Participants with balances151
Active participants130
Employer contributions$113,562
Employee contributions$976,289
Employer contribution per active participant$874
Average account balance$118,234
Benefits paid to participants$430,460
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 151 accts · $114K emplr
2023$15.0M · 172 accts · $134K emplr
2022$16.2M · 164 accts · $110K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,158
Investment management$47,919
Trustee / custodial$3,906
Total administrative$87,443
The Qosina Corp. 401(k) match · 2024
Employer contribution per active participant$874
Median for plans this size$2,416
2024$874 per active participant
2023$960 per active participant
2022$818 per active participant

Qosina Corp.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$35,008
MORGAN STANLEY · Investment advisory (plan)$47,919

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$87,443 · 0.53%
2023$17,782 · 0.11%
2022$1,779 · 0.01%
Same employer
Similar plansWholesale Trade · New York
Mary Ann Liebert, Inc. NY$18.4M · 0.31%
Kee Safety, Inc. NY$18.3M · 0.30%
Rndc New York, LLC NY$18.2M · 0.22%
L & R Distributors, Inc. NY$18.1M · 1.13%
Case Paper Co., Inc. NY$17.9M · 0.60%
Hanes Supply, Inc. NY$17.7M · 0.14%
Ergonomic Group, Inc. NY$17.6M · 0.30%
E. Gluck Corporation NY$17.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112536329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.