Plan Ledger DOL Form 5500 · updated monthly

Quest Software Inc.401(k)

QUEST SOFTWARE INC. 401(K) PLAN · ALISO VIEJO, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Quest Software Inc. reported $314,731 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $7,558 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 0.10% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 411th-largest of 9,483 plans among California employers on file, and the 563rd of 11,654 in professional & technical services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has shrunk from 1,223 to 968 since 2022.

Plan summary
Net assets, end of year$299,485,567
Participants with balances1,716
Active participants968
Employer contributions$7,316,501
Employee contributions$13,010,022
Employer contribution per active participant$7,558
Average account balance$174,525
Benefits paid to participants$28,733,974
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$299.5M · 1,716 accts · $7.3M emplr
2023$267.9M · 1,877 accts · $8.3M emplr
2022$233.7M · 2,092 accts · $9.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,038
Investment management$132,693
Total administrative$314,731
The Quest Software Inc. 401(k) match · 2024
Employer contribution per active participant$7,558
Median for plans this size$4,294
2024$7,558 per active participant
2023$8,012 per active participant
2022$7,371 per active participant

Quest Software Inc.'s 2024 employer contribution ran above the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$132,038
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$107,693
CREATIVE PLANNING HOLDCO, LLC · Consulting · Investment advisory (plan)$75,000

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$314,731 · 0.11%
2023$209,983 · 0.08%
2022$263,668 · 0.10%
Same employer
Similar plansProfessional & Technical Services · California
Rakuten USA CA$310.5M · 0.10%
Elasticsearch, Inc. CA$291.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330231678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.