Plan Ledger DOL Form 5500 · updated monthly

Qualia Labs, Inc.401(k)

QUALIA LABS, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Qualia Labs, Inc. reported $31,902 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,279 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 0.36% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 3,191st-largest of 9,483 plans among California employers on file, and the 919th of 2,199 in information & media. In 2024, employees put in $7.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,116,867
Participants with balances534
Active participants409
Employer contributions$523,141
Employee contributions$3,922,506
Employer contribution per active participant$1,279
Average account balance$45,163
Benefits paid to participants$2,590,070
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 534 accts · $523K emplr
2023$17.8M · 559 accts · $544K emplr
2022$11.5M · 547 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,902
Total administrative$31,902
The Qualia Labs, Inc. 401(k) match · 2024
Employer contribution per active participant$1,279
Median for plans this size$2,416
2024$1,279 per active participant
2023$1,326 per active participant

Qualia Labs, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,902

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$31,902 · 0.15%
2023$11,772 · 0.08%
2022$38,235 · 0.36%
Same employer
Similar plansInformation & Media · California
Snapdocs, Inc. CA$24.5M · 0.31%
Evernote Corporation CA$24.3M · 0.04%
Soundhound Inc CA$24.1M · 0.07%
Ivalua, Inc. CA$23.9M · 0.09%
Arcserve (USA), LLC CA$23.9M · 0.50%
Bloomreach, Inc. CA$23.8M · 0.39%
Quicken Inc CA$23.0M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 473150899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.