Plan Ledger DOL Form 5500 · updated monthly

Quantum Metric Inc401(k)

QUANTUM METRIC 401(K) PLAN · COLORADO SPRINGS, CO · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Quantum Metric Inc reported $105,119 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $4,203 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 0.03% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 407th-largest of 1,461 plans among Colorado employers on file, and the 4,527th of 11,654 in professional & technical services. In 2024, employees put in $2.69 for every $1.00 the employer contributed; active participation has shrunk from 425 to 346 since 2022.

Plan summary
Net assets, end of year$26,741,879
Participants with balances450
Active participants346
Employer contributions$1,454,228
Employee contributions$3,907,148
Employer contribution per active participant$4,203
Average account balance$59,426
Benefits paid to participants$1,454,529
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.7M · 450 accts · $1.5M emplr
2023$19.1M · 445 accts · $1.6M emplr
2022$12.2M · 487 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,244
Total administrative$105,119
The Quantum Metric Inc 401(k) match · 2024
Employer contribution per active participant$4,203
Median for plans this size$2,416
2024$4,203 per active participant
2023$4,824 per active participant
2022$3,527 per active participant

Quantum Metric Inc's 2024 employer contribution ran above the $2,416 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

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$105,119 · 0.46%
2023$98,083 · 0.63%
2022$2,737 · 0.03%
Same employer
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Crossfit, LLC CO$27.6M · 0.01%
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Source: U.S. Department of Labor, Form 5500 series, EIN 453359839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.