Plan Ledger DOL Form 5500 · updated monthly

Quality Living, Inc.401(k)

QUALITY LIVING, INC. 401(K) RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Quality Living, Inc. reported $129,015 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,931 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 0.05% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 185th-largest of 565 plans among Nebraska employers on file, and the 2,652nd of 11,911 in health care & social assistance. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,692,694
Participants with balances558
Active participants439
Employer contributions$847,683
Employee contributions$1,498,540
Employer contribution per active participant$1,931
Average account balance$56,797
Benefits paid to participants$2,283,567
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.7M · 558 accts · $848K emplr
2023$28.1M · 522 accts · $871K emplr
2022$23.1M · 539 accts · $844K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,015
Total administrative$129,015
The Quality Living, Inc. 401(k) match · 2024
Employer contribution per active participant$1,931
Median for plans this size$2,416
2024$1,931 per active participant
2023$2,139 per active participant
2022$2,044 per active participant

Quality Living, Inc.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$113,788
ASCENSUS · Contract administrator · Other services$15,226
HUB INVESTMENT ADVISORS, INC. · Investment advisory (plan)indirect 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$129,015 · 0.43%
2023$58,136 · 0.23%
2022$12,019 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Midwest Eye Care, P.C. NE$33.5M · 0.19%
Community Hospital NE$27.5M · 0.04%
Milan Laser Holdings LLC NE$26.7M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470665946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.