Plan Ledger DOL Form 5500 · updated monthly

Quest Solutions, LLC401(k)

QUESTX 401(K) PLAN · ST. JOHNS, MI · plan year 2022

Reported admin expense ratio · 2022
0.67%

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

Quest Solutions, LLC reported $35,567 in plan administrative expenses for 2022: 0.67% of average plan assets, above the peer median. Employer contributions averaged $28 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,065th of 2,619), and 9,984th of 11,654 in professional & technical services. In 2022, employees put in $112.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,502,340
Participants with balances215
Active participants153
Employer contributions$4,264
Employee contributions$478,897
Employer contribution per active participant$28
Average account balance$20,941
Benefits paid to participants$836,110
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$4.5M · 215 accts · $4K emplr
The Quest Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$28
Median for plans this size$1,114

Quest Solutions, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$35,567 · 0.67%
Similar plansProfessional & Technical Services · Michigan
Interclean Equipment, LLC MI$4.5M · 0.80%
Powervac of Michigan MI$4.3M · 0.36%
4D Systems, LLC MI$4.3M · 0.05%
Vickers Engineering, Inc. MI$4.2M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824672547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.