Plan Ledger DOL Form 5500 · updated monthly

Quantum Fuel Systems LLC401(k)

QUANTUM 401(K) PLAN · LAKE FOREST, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Quantum Fuel Systems LLC reported $22,337 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,755 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 0.13% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,656th-largest of 9,483 plans among California employers on file, and the 5,958th of 13,661 in manufacturing. In 2024, employees put in $2.93 for every $1.00 the employer contributed; active participation has grown from 140 to 155 since 2022.

Plan summary
Net assets, end of year$19,842,470
Participants with balances135
Active participants155
Employer contributions$271,982
Employee contributions$797,580
Employer contribution per active participant$1,755
Average account balance$146,981
Benefits paid to participants$1,230,155
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 135 accts · $272K emplr
2023$17.3M · 146 accts · $270K emplr
2022$14.1M · 131 accts · $221K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,127
Investment management$21,210
Total administrative$22,337
The Quantum Fuel Systems LLC 401(k) match · 2024
Employer contribution per active participant$1,755
Median for plans this size$2,416
2024$1,755 per active participant
2023$1,801 per active participant
2022$1,578 per active participant

Quantum Fuel Systems LLC's 2024 employer contribution ran below the $2,416 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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,000
EMPOWER ADVISORY GROUP, LLC · Investment management$1,210

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$22,337 · 0.12%
2023$20,803 · 0.13%
2022$20,266 · 0.13%
Same employer
Similar plansManufacturing · California
Igm Biosciences, Inc. CA$19.9M · 0.02%
Cosway Company, Inc. CA$19.9M · 0.10%
Unigen Corporation CA$19.9M · 0.21%
Marki Microwave, Inc. CA$19.8M · 0.30%
Jain America Holdings LLC CA$19.8M · 0.28%
Wet Enterprises, Inc. CA$19.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812080082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.