Plan Ledger DOL Form 5500 · updated monthly

Quality Temporary Services, Inc.401(k)

QUALITY TEMPORARY SERVICES, INC. 401K PLAN · FLINT, MI · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Quality Temporary Services, Inc. reported $30,726 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $160 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 0.09% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (2,059th of 2,619), and 1,493rd of 2,534 in administrative & support services. In 2024, employees put in $6.28 for every $1.00 the employer contributed; active participation has grown from 397 to 487 since 2022.

Plan summary
Net assets, end of year$4,548,401
Participants with balances483
Active participants487
Employer contributions$78,088
Employee contributions$490,379
Employer contribution per active participant$160
Average account balance$9,417
Benefits paid to participants$557,152
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 483 accts · $78K emplr
2023$4.0M · 289 accts · $76K emplr
2022$3.2M · 132 accts · $65K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,835
Trustee / custodial$2,381
Total administrative$30,726
The Quality Temporary Services, Inc. 401(k) match · 2024
Employer contribution per active participant$160
Median for plans this size$1,313
2024$160 per active participant
2023$175 per active participant
2022$164 per active participant

Quality Temporary Services, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$27,835

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$30,726 · 0.72%
2023$10,786 · 0.30%
2022$3,425 · 0.09%
Same employer
Similar plansAdministrative & Support Services · Michigan
Premier Resources, LLC MI$5.2M · 0.70%
Tom's Food Markets, Inc. MI$5.1M · 0.60%
Djs Lawn Service, Inc. MI$4.2M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382828656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.