Plan Ledger DOL Form 5500 · updated monthly

Quality Group Homes Inc401(k)

QUALITY GROUP HOMES INC 401(K) PROFIT SHARING PLAN & TRUST · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
1.49%

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

Quality Group Homes Inc reported $14,744 in plan administrative expenses for 2024: 1.49% of average plan assets, above the peer median. Employer contributions averaged $896 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 3 years on file its reported administrative ratio has held roughly steady near 1.49%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,761st of 9,483), and 10,797th of 11,911 in health care & social assistance. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,126,025
Participants with balances171
Active participants162
Employer contributions$145,112
Employee contributions$146,291
Employer contribution per active participant$896
Average account balance$6,585
Benefits paid to participants$103,697
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1M · 171 accts · $145K emplr
2023$856K · 163 accts
2022$664K · 145 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,187
Investment management$9,697
Trustee / custodial$860
Total administrative$14,744
The Quality Group Homes Inc 401(k) match · 2024
Employer contribution per active participant$896
Median for plans this size$540
2024$896 per active participant
2022$431 per active participant

Quality Group Homes Inc's 2024 employer contribution ran above the $540 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
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$9,697

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$14,744 · 1.49%
2023$12,032 · 1.58%
2022$10,119 · 1.52%
Similar plansHealth Care & Social Assistance · California

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Source: U.S. Department of Labor, Form 5500 series, EIN 770027824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.