Plan Ledger DOL Form 5500 · updated monthly

Quebit Consulting, LLC401(k)

QUEBIT CONSULTING, LLC 401(K) PLAN AND TRUST · SCARSDALE, NY · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Quebit Consulting, LLC reported $125 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,206 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 1 year on file its reported administrative ratio rose from 0.000% to 0.001%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,755th-largest of 5,648 plans among New York employers on file, and 6,123rd of 11,654 in professional & technical services. In 2023, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,047,428
Participants with balances95
Active participants71
Employer contributions$369,636
Employee contributions$1,036,987
Employer contribution per active participant$5,206
Average account balance$179,447
Benefits paid to participants$3,167,184
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$17.0M · 95 accts · $370K emplr
2022$16.0M · 114 accts · $349K emplr
The Quebit Consulting, LLC 401(k) match · 2023
Employer contribution per active participant$5,206
Median for plans this size$2,440
2023$5,206 per active participant
2022$5,205 per active participant

Quebit Consulting, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LPL FINANCIAL LLC · Investment advisory (participants)indirect comp

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

Administrative cost history2
2023$125 · 0.00%
2022$25 · 0.00%
Similar plansProfessional & Technical Services · New York
Rqi Partners LLC NY$17.4M · 0.24%
Positive Promotions, Inc. NY$17.4M · 0.56%
Outbrain Inc. NY$17.0M · 0.63%
Paedae Inc dba Infillion NY$17.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043586050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.