Plan Ledger DOL Form 5500 · updated monthly

Quartz Health Solutions, Inc.401(k)

QUARTZ HEALTH SOLUTIONS, INC. 401(K) PLAN · FITCHBURG, WI · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Quartz Health Solutions, Inc. reported $169,740 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $4,598 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 0.20% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 192nd-largest of 1,936 plans among Wisconsin employers on file, and the 834th of 4,798 in finance & insurance. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 653 to 768 since 2022.

Plan summary
Net assets, end of year$126,021,574
Participants with balances998
Active participants768
Employer contributions$3,531,632
Employee contributions$5,807,342
Employer contribution per active participant$4,598
Average account balance$126,274
Benefits paid to participants$7,691,525
Plan auditUnmodified (clean) audit opinion
AuditorRSM US
Plan history3
Yearassets · accounts · employer contribution
2024$126.0M · 998 accts · $3.5M emplr
2023$108.2M · 939 accts · $1.9M emplr
2022$91.8M · 911 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,514
Investment management$72,226
Total administrative$169,740
The Quartz Health Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$4,598
Median for plans this size$3,635
2024$4,598 per active participant
2023$2,702 per active participant
2022$4,905 per active participant

Quartz Health Solutions, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
FRANCIS INVESTMENT COUNSEL LLC · Investment advisory (plan)$72,226

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$169,740 · 0.14%
2023$165,628 · 0.17%
2022$204,978 · 0.20%
Same employer
Similar plansFinance & Insurance · Wisconsin
Nicolet National Bank WI$148.2M · 0.05%
Summit Credit Union WI$117.0M · 0.13%
M3 Insurance Solutions, Inc. WI$116.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465710709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.