Plan Ledger DOL Form 5500 · updated monthly

Quality Technology Services, LLC401(k)

QUALITY TECHNOLOGY SERVICES, LLC 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Quality Technology Services, LLC reported $164,492 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $5,041 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 0.23% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 56th-largest of 828 plans among Kansas employers on file, and the 260th of 2,199 in information & media. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 756 to 1,310 since 2022.

Plan summary
Net assets, end of year$131,574,375
Participants with balances1,592
Active participants1,310
Employer contributions$6,604,333
Employee contributions$13,718,656
Employer contribution per active participant$5,041
Average account balance$82,647
Benefits paid to participants$9,013,137
Plan auditUnmodified (clean) audit opinion
AuditorMARKS NELSON,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$131.6M · 1,592 accts · $6.6M emplr
2023$100.9M · 1,185 accts · $4.8M emplr
2022$74.8M · 992 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,604
Investment management$79,388
Audit (IQPA)$18,500
Total administrative$164,492
The Quality Technology Services, LLC 401(k) match · 2024
Employer contribution per active participant$5,041
Median for plans this size$3,635
2024$5,041 per active participant
2023$5,194 per active participant
2022$4,262 per active participant

Quality Technology Services, LLC's 2024 employer contribution ran above the $3,635 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$72,160
CAP FINANCIAL PARTNERS LLC · Investment management$73,983
MARKSNELSON LLC · Accounting / audit$18,500
CHARLES SCHWAB & CO., INC. · Securities brokerage$234

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$164,492 · 0.14%
2023$127,518 · 0.15%
2022$185,111 · 0.23%
Same employer
Similar plansInformation & Media · Kansas
American Multi-Cinema, Inc. KS$260.3M · 0.17%
Ascend Learning LLC KS$183.9M · 0.11%
Q Services LLC KS$112.4M · 0.05%
Intouch Group, LLC. KS$104.6M · 0.28%
Data Center, Inc. KS$70.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205840402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.