Plan Ledger DOL Form 5500 · updated monthly

Qps Employment Group, Inc.401(k)

THE Q PLAN · BROOKFIELD, WI · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Qps Employment Group, Inc. reported $65,905 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $984 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 0.62% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Wisconsin (1,165th of 1,936), and the 887th of 2,534 in administrative & support services. In 2024, employees put in $3.39 for every $1.00 the employer contributed; active participation has shrunk from 356 to 297 since 2022.

Plan summary
Net assets, end of year$12,304,378
Participants with balances360
Active participants297
Employer contributions$292,134
Employee contributions$989,985
Employer contribution per active participant$984
Average account balance$34,179
Benefits paid to participants$924,902
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 360 accts · $292K emplr
2023$10.6M · 421 accts · $304K emplr
2022$8.8M · 479 accts · $296K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,905
Total administrative$65,905
The Qps Employment Group, Inc. 401(k) match · 2024
Employer contribution per active participant$984
Median for plans this size$2,416
2024$984 per active participant
2023$959 per active participant
2022$832 per active participant

Qps Employment Group, Inc.'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 · 20245
BLUE CHIP RETIREMENT PLANS, INC. · Contract administrator$22,326
EMPOWER ADVISORY GROUP, LLC · Investment management$12,364
ENVESTNET RETIREMENT SOLUTIONS, LLC$4,552
NORTHWESTERN MUTUAL INVESTMENT SVCSindirect comp

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$65,905 · 0.58%
2023$66,404 · 0.69%
2022$56,951 · 0.62%
All plans at this employer2
THE Q PLAN401(k)
QPS EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansAdministrative & Support Services · Wisconsin
Salelytics, LLC WI$20.5M · 0.06%
Edge One, LLC WI$9.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391527048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.