Plan Ledger DOL Form 5500 · updated monthly

Quantum Design International, Inc.401(k)

QUANTUM DESIGN INTERNATIONAL, INC. SAFE HARBOR MATCH AND RETIREMENT PLAN · SAN DIEGO, CA · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Quantum Design International, Inc. reported $216,250 in plan administrative expenses for 2023: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $12,895 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 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,058th-largest of 9,483 plans among California employers on file, and the 1,602nd of 11,654 in professional & technical services. In 2023, the employer put in $1.61 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$93,960,776
Participants with balances381
Active participants276
Employer contributions$3,558,958
Employee contributions$2,216,415
Employer contribution per active participant$12,895
Average account balance$246,616
Benefits paid to participants$5,880,353
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$93.2M · 374 accts · $1.0M emplr
2023$94.0M · 381 accts · $3.6M emplr
2022$75.3M · 353 accts · $2.2M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$216,250
Total administrative$216,250
The Quantum Design International, Inc. 401(k) match · 2023
Employer contribution per active participant$12,895
Median for plans this size$3,659
2024$4,042 per active participant
2023$12,895 per active participant
2022$8,234 per active participant

Quantum Design International, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIRST LIGHT RETIREMENT LLC · Investment advisory (plan)$106,601
NATIONAL BENEFIT SERVICES, LLC · Contract administrator$60,501

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$255,461 · 0.27%
2023$216,250 · 0.26%
2022$185,854 · 0.26%
All plans at this employer2
QUANTUM DESIGN INTERNATIONAL, INC. SAFE HARBOR MATCH AND RETIREMENT PLAN401(k)
QUANTUM DESIGN INTERNATIONAL, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 953728858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.