Plan Ledger DOL Form 5500 · updated monthly

Quarterra Services, LLC401(k)

THE QUARTERRA SERVICES, LLC 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Quarterra Services, LLC reported $277,961 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,823 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 0.45%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 318th-largest of 2,005 plans among North Carolina employers on file, and the 222nd of 2,096 in real estate & leasing. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has shrunk from 846 to 569 since 2022.

Plan summary
Net assets, end of year$62,914,325
Participants with balances783
Active participants569
Employer contributions$3,882,116
Employee contributions$6,603,389
Employer contribution per active participant$6,823
Average account balance$80,350
Benefits paid to participants$16,296,035
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.9M · 783 accts · $3.9M emplr
2023$60.7M · 976 accts · $3.9M emplr
2022$44.4M · 874 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,181
Investment management$72,000
Audit (IQPA)$26,854
Total administrative$277,961
The Quarterra Services, LLC 401(k) match · 2024
Employer contribution per active participant$6,823
Median for plans this size$3,635
2024$6,823 per active participant
2023$4,454 per active participant
2022$1,806 per active participant

Quarterra Services, LLC's 2024 employer contribution ran above the $3,635 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 · 20243
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$72,000
BAKER TILLY US LLP · Accounting / audit$26,854

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$277,961 · 0.45%
2023$67,151 · 0.13%
2022$14,868 · 0.03%
Similar plansReal Estate & Leasing · North Carolina
Ttx Company NC$154.1M · 0.06%
Bell Partners Inc. NC$59.2M · 0.27%
Foundry Commercial, LLC NC$48.7M · 0.11%
Crescent Communities, LLC NC$44.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880658257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.