Plan Ledger DOL Form 5500 · updated monthly

Qps, LLC401(k)

QPS, LLC 401(K) PLAN · NEWARK, DE · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Qps, LLC reported $76,912 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,138 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 0.19% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 52nd-largest of 242 plans among Delaware employers on file, and the 2,515th of 11,654 in professional & technical services. In 2024, employees put in $3.50 for every $1.00 the employer contributed; active participation has grown from 303 to 359 since 2022.

Plan summary
Net assets, end of year$56,020,440
Participants with balances502
Active participants359
Employer contributions$767,608
Employee contributions$2,689,080
Employer contribution per active participant$2,138
Average account balance$111,595
Benefits paid to participants$1,456,739
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$56.0M · 502 accts · $768K emplr
2023$46.3M · 472 accts · $653K emplr
2022$37.6M · 462 accts · $638K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,912
Investment management$30,000
Total administrative$76,912
The Qps, LLC 401(k) match · 2024
Employer contribution per active participant$2,138
Median for plans this size$3,635
2024$2,138 per active participant
2023$1,984 per active participant
2022$2,107 per active participant

Qps, LLC's 2024 employer contribution ran below the $3,635 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
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$46,912
KEH SHIOU LEU DBA INSIDEOUT WEALTH · Investment advisory (plan)$30,000

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$76,912 · 0.15%
2023$73,795 · 0.18%
2022$77,589 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Delaware
Interdigital, Inc. DE$138.2M · 0.11%
Morris James LLP DE$74.2M · 0.24%
Grant & Eisenhofer, P.A. DE$43.2M · 0.01%
Ntirety, Inc. DE$36.6M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510371092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.