Plan Ledger DOL Form 5500 · updated monthly

Quality Construction & Production, LLC401(k)

QUALITY COMPANIES 401K PLAN · YOUNGSVILLE, LA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Quality Construction & Production, LLC reported $13,252 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,053 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 0.19% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Louisiana (522nd of 884), and 3,527th of 5,337 in construction. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 503 to 617 since 2022.

Plan summary
Net assets, end of year$7,278,711
Participants with balances254
Active participants617
Employer contributions$649,649
Employee contributions$1,099,067
Employer contribution per active participant$1,053
Average account balance$28,656
Benefits paid to participants$689,686
Plan auditUnmodified (clean) audit opinion
AuditorLAPORTE CPAS AND BUSINESS ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 254 accts · $650K emplr
2023$5.5M · 242 accts · $497K emplr
2022$3.8M · 180 accts · $706K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,875
Investment management$6,177
Total administrative$13,252
The Quality Construction & Production, LLC 401(k) match · 2024
Employer contribution per active participant$1,053
Median for plans this size$1,313
2024$1,053 per active participant
2023$814 per active participant
2022$1,404 per active participant

Quality Construction & Production, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$6,149
NEWEDGE ADVISORSindirect 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$13,252 · 0.21%
2023$10,658 · 0.23%
2022$6,497 · 0.19%
Similar plansConstruction · Louisiana
Tanner Services, LLC LA$8.3M · 0.92%
Aqueos Corporation LA$7.7M · 0.47%
Mike Hooks, L.L.C. LA$6.6M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522363317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.