Plan Ledger DOL Form 5500 · updated monthly

Quality Counts LLC401(k)

QUALITY COUNTS 401K PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Quality Counts LLC reported $1,983 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,876 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 0.77% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Oregon (927th of 1,021), and 11,047th of 11,654 in professional & technical services. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 75 to 94 since 2022.

Plan summary
Net assets, end of year$1,518,236
Participants with balances105
Active participants94
Employer contributions$176,345
Employee contributions$264,555
Employer contribution per active participant$1,876
Average account balance$14,459
Benefits paid to participants$49,314
Plan auditUnmodified (clean) audit opinion
AuditorMEIHAUS CPA
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 105 accts · $176K emplr
2023$970K · 108 accts · $157K emplr
2022$484K · 91 accts · $142K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,983
Total administrative$1,983
The Quality Counts LLC 401(k) match · 2024
Employer contribution per active participant$1,876
Median for plans this size$1,313
2024$1,876 per active participant
2023$1,722 per active participant
2022$1,889 per active participant

Quality Counts LLC's 2024 employer contribution ran above 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$1,983

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,983 · 0.16%
2023$3,072 · 0.42%
2022$2,842 · 0.77%
Similar plansProfessional & Technical Services · Oregon
Mathys-Potestio, LLC OR$2.2M · 0.46%
Biztek People, Inc OR$1.4M · 0.57%
Urban League of Portland OR$1.3M · 1.44%
211INFO OR$1.0M · 0.20%
Seasons Management LLC OR$685K · 2.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743073687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.