Plan Ledger DOL Form 5500 · updated monthly

Quantum-Si Incorporated401(k)

QUANTUM-SI INCORPORATED 401(K) PLAN · BRANFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Quantum-Si Incorporated reported $69,343 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.38% to 0.58%. 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 among the smaller plans on file in Connecticut (678th of 1,106), and 7,072nd of 11,654 in professional & technical services. active participation has shrunk from 199 to 143 since 2022.

Plan summary
Net assets, end of year$13,076,803
Participants with balances193
Active participants143
Employer contributions$0
Employee contributions$2,615,496
Employer contribution per active participant$0
Average account balance$67,755
Benefits paid to participants$2,748,698
Plan auditUnmodified (clean) audit opinion
AuditorBAKERTILLY US, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 193 accts
2023$10.6M · 168 accts
2022$7.4M · 158 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,201
Investment management$28,321
Audit (IQPA)$4,821
Total administrative$69,343
The Quantum-Si Incorporated 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Quantum-Si Incorporated's 2024 employer contribution ran below the $2,416 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$36,201
PROCYON ADVISORS LLC · Investment advisory (plan)$28,321

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$69,343 · 0.58%
2023$46,980 · 0.52%
2022$27,908 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Connecticut
City Line Distributors, LLC CT$13.9M · 0.06%
Emprise Corporation CT$13.7M · 0.57%
Inspira Marketing Group LLC CT$13.6M · 0.19%
Cogstate, Inc. CT$11.9M · 0.41%
Carter Mario P.C. CT$11.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463109268 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.