Plan Ledger DOL Form 5500 · updated monthly

Qualified Emergency Specialists, Inc.401(k)

QUALIFIED EMERGENCY SPECIALISTS, INC. 401(K) PROFIT SHARING PLAN · OKLAHOMA CITY, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Qualified Emergency Specialists, Inc. reported $17,444 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $30,585 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 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 877th-largest of 5,688 plans among Texas employers on file, and the 1,499th of 11,911 in health care & social assistance. In 2024, the employer put in $1.94 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$66,029,052
Participants with balances129
Active participants76
Employer contributions$2,324,489
Employee contributions$1,200,634
Employer contribution per active participant$30,585
Average account balance$511,853
Benefits paid to participants$6,487,594
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$66.0M · 129 accts · $2.3M emplr
2023$60.3M · 133 accts · $2.2M emplr
2022$48.8M · 129 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Investment management$17,444
Total administrative$17,444
The Qualified Emergency Specialists, Inc. 401(k) match · 2024
Employer contribution per active participant$30,585
Median for plans this size$3,635
2024$30,585 per active participant
2023$29,537 per active participant
2022$26,076 per active participant

Qualified Emergency Specialists, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
CLARK SCHAEFER HACKET$11,000
LATITUDE SERVICE COMPANY INC. · Other servicesindirect 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$17,444 · 0.03%
2023$15,315 · 0.03%
2022$3,537 · 0.01%
Similar plansHealth Care & Social Assistance · Texas
Biobridge Global TX$65.1M · 0.24%
Commonwealth Emergency TX$61.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311116049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.