Plan Ledger DOL Form 5500 · updated monthly

Qualtrics LLC401(k)

QUALTRICS 401(K) PLAN · PROVO, UT · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Qualtrics LLC reported $163,995 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $8,495 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 0.06% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 12th-largest of 848 plans among Utah employers on file, and the 395th of 11,654 in professional & technical services. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has shrunk from 3,834 to 2,688 since 2022.

Plan summary
Net assets, end of year$445,757,426
Participants with balances4,608
Active participants2,688
Employer contributions$22,835,570
Employee contributions$45,289,421
Employer contribution per active participant$8,495
Average account balance$96,736
Benefits paid to participants$44,282,500
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$445.8M · 4,608 accts · $22.8M emplr
2023$361.0M · 4,596 accts · $31.6M emplr
2022$246.8M · 4,764 accts · $22.8M emplr
The Qualtrics LLC 401(k) match · 2024
Employer contribution per active participant$8,495
Median for plans this size$4,294
2024$8,495 per active participant
2023$10,392 per active participant
2022$5,945 per active participant

Qualtrics LLC's 2024 employer contribution ran above the $4,294 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$134,942
VANGUARD ADVISERS INC. · Investment advisory (participants)$32,393

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$163,995 · 0.04%
2023$172,121 · 0.06%
2022$137,725 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Utah
R1 Rcm Holdco Inc. UT$664.7M · 0.22%
Sorenson Communications LLC. UT$316.5M · 0.03%
Resource Management, Inc. UT$297.5M · 0.59%
Ivanti, Inc. UT$216.4M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 454964116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.