Plan Ledger DOL Form 5500 · updated monthly

Quant Systems, Inc401(k)

HAWKES LEARNING 401(K) PLAN · MOUNT PLEASANT, SC · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Quant Systems, Inc reported $8,607 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,518 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 0.13% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in South Carolina (556th of 807), and 9,592nd of 11,654 in professional & technical services. In 2024, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,514,057
Participants with balances140
Active participants101
Employer contributions$254,277
Employee contributions$680,337
Employer contribution per active participant$2,518
Average account balance$39,386
Benefits paid to participants$572,692
Plan auditUnmodified (clean) audit opinion
AuditorDCPAS, LLC DBA DAVIS & COMPANY CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 140 accts · $254K emplr
2023$4.3M · 130 accts · $237K emplr
2022$2.9M · 125 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,607
Total administrative$8,607
The Quant Systems, Inc 401(k) match · 2024
Employer contribution per active participant$2,518
Median for plans this size$1,313
2024$2,518 per active participant
2023$2,348 per active participant
2022$2,190 per active participant

Quant Systems, 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping$8,607

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$8,607 · 0.18%
2023$6,008 · 0.17%
2022$3,421 · 0.13%
Similar plansProfessional & Technical Services · South Carolina
Msi-Viking Gage, LLC SC$6.0M · 0.55%
Allsource Enterprises LLC SC$5.9M · 0.79%
Itc Defense Corp SC$4.8M · 0.59%
Weeks & Irvine, LLC SC$4.5M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570947617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.