Plan Ledger DOL Form 5500 · updated monthly

Quality Telecom Consultants, Inc.401(k)

QUALITY TELECOM CONSULTANTS, INC. 401(K) PLAN · ROCKLIN, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Quality Telecom Consultants, Inc. reported $14,872 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,013 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 0.06% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (7,870th of 9,483), and 4,541st of 5,337 in construction. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has shrunk from 200 to 156 since 2022.

Plan summary
Net assets, end of year$2,964,058
Participants with balances219
Active participants156
Employer contributions$158,085
Employee contributions$403,579
Employer contribution per active participant$1,013
Average account balance$13,535
Benefits paid to participants$273,759
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS, CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$3.0M · 219 accts · $158K emplr
2023$2.4M · 249 accts · $359K emplr
2022$1.6M · 157 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,872
Total administrative$14,872
The Quality Telecom Consultants, Inc. 401(k) match · 2024
Employer contribution per active participant$1,013
Median for plans this size$1,313
2024$1,013 per active participant
2023$2,136 per active participant
2022$1,227 per active participant

Quality Telecom Consultants, Inc.'s 2024 employer contribution ran below 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$14,872

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$14,872 · 0.55%
2023$2,245 · 0.11%
2022$970 · 0.06%
Same employer
Similar plansConstruction · California
Pipedreams Ventures, Inc. CA$2.9M · 0.74%
Mg Electric Inc. CA$2.9M · 1.63%
Thorpe Design, Inc. CA$2.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943386116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.