Plan Ledger DOL Form 5500 · updated monthly

QUIDDITY-1, Inc.401(k)

QUIDDITY 401(K) PROFIT SHARING PLAN · BELLAIRE, TX · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

QUIDDITY-1, Inc. reported $28,794 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,952 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 0.03% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 703rd-largest of 5,688 plans among Texas employers on file, and the 1,669th of 11,654 in professional & technical services. In 2023, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$89,554,249
Participants with balances840
Active participants614
Employer contributions$3,654,760
Employee contributions$5,830,301
Employer contribution per active participant$5,952
Average account balance$106,612
Benefits paid to participants$5,800,361
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$89.6M · 840 accts · $3.7M emplr
2022$71.2M · 891 accts · $3.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,794
Total administrative$28,794
The QUIDDITY-1, Inc. 401(k) match · 2023
Employer contribution per active participant$5,952
Median for plans this size$3,659
2023$5,952 per active participant
2022$5,553 per active participant

QUIDDITY-1, Inc.'s 2023 employer contribution ran above the $3,659 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 · 20231
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$28,794

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

Administrative cost history2
2023$28,794 · 0.04%
2022$21,523 · 0.03%
Similar plansProfessional & Technical Services · Texas
Bazaarvoice, Inc. TX$98.6M · 0.03%
Bonterra, LLC TX$98.2M · 0.18%
Altus Group U.S., Inc. TX$96.8M · 0.18%
Gearbox Software LLC TX$84.1M · 0.21%
HR & P Solutions, Inc. TX$80.9M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741848244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.