Plan Ledger DOL Form 5500 · updated monthly

Quintes Administrative and Insurance Services, Inc.401(k)

QUINTES 401(K) POOLED EMPLOYER PLAN · WATSONVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Quintes Administrative and Insurance Services, Inc. reported $113,191 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $847 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 0.22% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,452nd-largest of 9,483 plans among California employers on file, and the 2,233rd of 4,798 in finance & insurance. In 2024, employees put in $2.85 for every $1.00 the employer contributed; active participation has grown from 173 to 914 since 2022.

Plan summary
Net assets, end of year$33,836,553
Participants with balances361
Active participants914
Employer contributions$774,242
Employee contributions$2,206,886
Employer contribution per active participant$847
Average account balance$93,730
Benefits paid to participants$4,115,982
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.8M · 361 accts · $774K emplr
2023$27.5M · 310 accts · $696K emplr
2022$3.4M · 41 accts · $55K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,277
Investment management$8,724
Total administrative$113,191
The Quintes Administrative and Insurance Services, Inc. 401(k) match · 2024
Employer contribution per active participant$847
Median for plans this size$2,416
2024$847 per active participant
2023$1,355 per active participant
2022$315 per active participant

Quintes Administrative and Insurance Services, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$5,775
GLOBAL RETIREMENT PARTNERS LLC$2,577

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$113,191 · 0.37%
2023$64,879 · 0.42%
2022$8,177 · 0.22%
Similar plansFinance & Insurance · California
Avidbank CA$34.5M · 0.30%
Cliffwater LLC CA$34.0M · 0.00%
Next Insurance, Inc. CA$33.8M · 0.21%
Oak Valley Community Bank CA$33.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204319325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.