Plan Ledger DOL Form 5500 · updated monthly

Quicken Inc401(k)

QUICKEN INC 401K PLAN · MENLO PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Quicken Inc reported $2,400 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,696 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 3,280th-largest of 9,483 plans among California employers on file, and the 938th of 2,199 in information & media. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 129 to 155 since 2022.

Plan summary
Net assets, end of year$23,046,616
Participants with balances190
Active participants155
Employer contributions$1,192,877
Employee contributions$2,515,827
Employer contribution per active participant$7,696
Average account balance$121,298
Benefits paid to participants$898,304
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 190 accts · $1.2M emplr
2023$17.4M · 183 accts · $1.1M emplr
2022$12.3M · 169 accts · $907K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,400
Total administrative$2,400
The Quicken Inc 401(k) match · 2024
Employer contribution per active participant$7,696
Median for plans this size$2,416
2024$7,696 per active participant
2023$7,244 per active participant
2022$7,033 per active participant

Quicken Inc's 2024 employer contribution ran above the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$2,400

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,400 · 0.01%
2023$4,395 · 0.03%
2022$2,449 · 0.02%
Same employer
Similar plansInformation & Media · California
Qualia Labs, Inc. CA$24.1M · 0.15%
Ivalua, Inc. CA$23.9M · 0.09%
Arcserve (USA), LLC CA$23.9M · 0.50%
Bloomreach, Inc. CA$23.8M · 0.39%
Nw Entertainment, Inc. CA$22.9M · 0.31%
Bobit Business Media Inc. CA$22.9M · 0.08%
1105 Media Inc. CA$22.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811749890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.