Plan Ledger DOL Form 5500 · updated monthly

Quanta Services Inc.401(k)

QUANTA SERVICES, INC. 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Quanta Services Inc. reported $1,869,901 in plan administrative expenses for 2024: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,103 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 3 years on file its reported administrative ratio has held roughly steady near 0.09%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other construction employers. By assets it is the 61st-largest of 5,688 plans among Texas employers on file, and the 18th of 5,337 in construction. In 2024, employees put in $1.93 for every $1.00 the employer contributed; active participation has grown from 30,951 to 45,713 since 2022.

Plan summary
Net assets, end of year$2,200,926,334
Participants with balances30,597
Active participants45,713
Employer contributions$96,151,418
Employee contributions$185,101,672
Employer contribution per active participant$2,103
Average account balance$71,933
Benefits paid to participants$264,202,659
Plan auditUnmodified (clean) audit opinion
AuditorWEINSTEIN SPIRA & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$2.2B · 30,597 accts · $96.2M emplr
2023$1.8B · 25,239 accts · $82.1M emplr
2022$1.4B · 23,052 accts · $66.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,006,865
Investment management$863,036
Total administrative$1,869,901
The Quanta Services Inc. 401(k) match · 2024
Employer contribution per active participant$2,103
Median for plans this size$5,259
2024$2,103 per active participant
2023$2,196 per active participant
2022$2,132 per active participant

Quanta Services Inc.'s 2024 employer contribution ran below the $5,259 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,006,865
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$863,036

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$1,869,901 · 0.09%
2023$1,643,675 · 0.10%
2022$1,397,479 · 0.10%
Similar plansConstruction · Texas
Fluor Corporation TX$3.5B · 0.07%
Jacobs Technology Inc. VA$2.2B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742851603 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.