Plan Ledger DOL Form 5500 · updated monthly

Quest Events LLC dba Quest Drape401(k)

QUEST EVENTS 401(K) PLAN · FRISCO, TX · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Quest Events LLC dba Quest Drape reported $56,479 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,400 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 1.16% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Texas (3,733rd of 5,688), and 848th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 198 to 324 since 2022.

Plan summary
Net assets, end of year$6,382,260
Participants with balances186
Active participants324
Employer contributions$453,442
Employee contributions$635,289
Employer contribution per active participant$1,400
Average account balance$34,313
Benefits paid to participants$364,771
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 186 accts · $453K emplr
2023$5.0M · 169 accts · $304K emplr
2022$3.5M · 175 accts · $232K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,479
Total administrative$56,479
The Quest Events LLC dba Quest Drape 401(k) match · 2024
Employer contribution per active participant$1,400
Median for plans this size$1,313
2024$1,400 per active participant
2023$1,121 per active participant
2022$1,173 per active participant

Quest Events LLC dba Quest Drape's 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$56,479
S B H U LIFE AGENCY INC · Other servicesindirect comp

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$56,479 · 0.99%
2023$49,434 · 1.16%
2022$45,063 · 1.16%
Same employer
Similar plansArts, Entertainment & Recreation · Texas
Ld Systems, L.P. TX$7.2M · 0.53%
Austin Country Club TX$7.1M · 0.60%
Northwood Club, Inc. TX$6.4M · 0.81%
Kongregate, Inc. TX$6.3M · 0.04%
Lakeside Country Club TX$6.0M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453344541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.