Plan Ledger DOL Form 5500 · updated monthly

Quadient Inc.401(k)

QUADIENT INC. 401(K) PLAN · MILFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Quadient Inc. reported $296,316 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $3,128 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 0.03% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 86th-largest of 1,106 plans among Connecticut employers on file, and the 890th of 13,661 in manufacturing. In 2024, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$282,490,060
Participants with balances1,986
Active participants1,573
Employer contributions$4,920,502
Employee contributions$13,692,868
Employer contribution per active participant$3,128
Average account balance$142,241
Benefits paid to participants$30,884,216
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$282.5M · 1,986 accts · $4.9M emplr
2023$253.5M · 2,064 accts · $4.9M emplr
2022$208.8M · 2,112 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,527
Investment management$81,169
Audit (IQPA)$29,420
Total administrative$296,316
The Quadient Inc. 401(k) match · 2024
Employer contribution per active participant$3,128
Median for plans this size$4,294
2024$3,128 per active participant
2023$3,180 per active participant
2022$2,886 per active participant

Quadient 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$99,566
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$81,169
COOK STREET CONSULTING, INC. · Consulting$73,500
PKF O'CONNOR DAVIES, LLP · Accounting / audit$29,420
MORGAN STANLEY IIA · Consulting$14,700

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$296,316 · 0.11%
2023$237,274 · 0.10%
2022$63,063 · 0.03%
Same employer
Similar plansManufacturing · Connecticut
Barnes Group, Inc. CT$320.1M · 0.09%
Element Solutions Inc CT$311.2M · 0.08%
Pmi Global Services Inc CT$303.5M · 0.03%
Trumpf Inc. CT$277.0M · 0.06%
Tronox Incorporated CT$261.2M · 0.05%
Ethan Allen Global, Inc. CT$248.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942388882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.