Plan Ledger DOL Form 5500 · updated monthly

Quality Water & Air Inc.401(k)

QUALITY WATER SYSTEMS, INC 401(K) RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Quality Water & Air Inc. reported $12,788 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,322 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 0.07% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in Texas (3,018th of 5,688), and 319th of 412 in utilities. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,275,139
Participants with balances240
Active participants217
Employer contributions$503,811
Employee contributions$857,690
Employer contribution per active participant$2,322
Average account balance$42,813
Benefits paid to participants$903,287
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 240 accts · $504K emplr
2023$8.8M · 251 accts · $472K emplr
2022$7.3M · 324 accts · $366K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,587
Investment management$201
Total administrative$12,788
The Quality Water & Air Inc. 401(k) match · 2024
Employer contribution per active participant$2,322
Median for plans this size$1,313
2024$2,322 per active participant
2023$2,145 per active participant
2022$1,655 per active participant

Quality Water & Air Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$12,788
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$12,788 · 0.13%
2023$14,641 · 0.18%
2022$5,288 · 0.07%
Similar plansUtilities · Texas
Enerfin Resources Company TX$11.9M · 0.52%
USA Water, LLC TX$10.2M · 0.21%
Reliance Energy Inc TX$9.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760391601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.