Plan Ledger DOL Form 5500 · updated monthly

Quantic Electronics, LLC401(k)

QUANTIC 401(K) RETIREMENT SAVINGS PLAN · E PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Quantic Electronics, LLC reported $93,440 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,751 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 0.25% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 63rd-largest of 286 plans among Rhode Island employers on file, and the 2,683rd of 13,661 in manufacturing. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,919,358
Participants with balances911
Active participants800
Employer contributions$2,200,608
Employee contributions$4,224,933
Employer contribution per active participant$2,751
Average account balance$69,066
Benefits paid to participants$12,349,334
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.9M · 911 accts · $2.2M emplr
2023$59.2M · 850 accts · $2.0M emplr
2022$17.0M · 291 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,440
Total administrative$93,440
The Quantic Electronics, LLC 401(k) match · 2024
Employer contribution per active participant$2,751
Median for plans this size$3,635
2024$2,751 per active participant
2023$2,434 per active participant
2022$1,463 per active participant

Quantic Electronics, LLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$93,440

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$93,440 · 0.15%
2023$86,983 · 0.23%
2022$26,992 · 0.25%
Same employer
Similar plansManufacturing · Rhode Island
Taco, Inc. RI$107.6M · 0.10%
Technic, Inc. RI$73.5M · 0.01%
The Moore Company RI$50.3M · 0.03%
Talaria Company, LLC RI$49.4M · 0.07%
Astronova, Inc. RI$44.4M · 0.13%
Kvh Industries, Inc. RI$42.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853679537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.