Plan Ledger DOL Form 5500 · updated monthly

Quality Process Services, LLC401(k)

QUALITY PROCESS SERVICES, LLC 401(K) PLAN · HOUMA, LA · plan year 2022

Reported admin expense ratio · 2022
0.03%

Quality Process Services, LLC reported $744 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Louisiana (762nd of 884), and 2,872nd of 3,341 in other services.

Plan summary
Net assets, end of year$1,975,748
Participants with balances47
Active participants116
Employer contributions—
Employee contributions$219,411
Employer contribution per active participant—
Average account balance$42,037
Benefits paid to participants$336,626
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN & PELLEGRIN, CPA'S
Administrative expenses, itemized · 2022
Professional / advisory$744
Total administrative$744
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$744 · 0.03%
Same employer
Quality Process Services, LLC's health & benefits plan: carriers, premiums & broker pay
Similar plansOther Services · Louisiana
Arise Academy LA$2.8M · 1.18%
Dean Equipment, Inc LA$2.5M · 0.10%
Process Service Specialists, L.L.C. LA$2.3M · 1.13%
Burner Fire Control Inc. LA$2.2M · 0.46%
The Arc of Greater New Orleans LA$1.3M
B & S Equipment Co Inc LA$1.3M · 1.89%
The Arc of Ouachita LA$1.1M · 0.10%
Premiere, Inc. LA$1.0M · 0.23%

Why are you looking at this plan?

Compare
401(k) plans in Louisiana
Worked here before? Find your old 401(k)
401(k) plans in Other Services
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 202923133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.