Plan Ledger DOL Form 5500 · updated monthly

Quest USA Inc401(k)

QUEST USA 401(K) PLAN · GARLAND, TX · plan year 2023

Reported admin expense ratio · 2023
1.22%

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

Quest USA Inc reported $23,378 in plan administrative expenses for 2023: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,378 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 1.08% to 1.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,822nd of 5,688), and 12,704th of 13,661 in manufacturing. In 2023, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 180 to 238 since 2022.

Plan summary
Net assets, end of year$2,250,196
Participants with balances268
Active participants238
Employer contributions$327,984
Employee contributions$514,377
Employer contribution per active participant$1,378
Average account balance$8,396
Benefits paid to participants$506,663
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $216K emplr
2023$2.3M · 268 accts · $328K emplr
2022$1.6M · 268 accts · $204K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,240
Investment management$5,138
Total administrative$23,378
The Quest USA Inc 401(k) match · 2023
Employer contribution per active participant$1,378
Median for plans this size$1,308
2023$1,378 per active participant
2022$1,134 per active participant

Quest USA Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$5,138

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

Administrative cost history3
2024Not separately reported
2023$23,378 · 1.22%
2022$17,081 · 1.08%
Same employer
Similar plansManufacturing · Texas
Api Group Holding, Inc TX$2.4M · 0.38%
Stanpac USA, LLC TX$2.2M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371897772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.