Plan Ledger DOL Form 5500 · updated monthly

Qumu Corporation401(k)

QUMU CORPORATION 401(K) PLAN · MINNEAPOLIS, MN · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Qumu Corporation reported $11,624 in plan administrative expenses for 2022: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,648 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 information & media employers. By assets it is among the smaller plans on file in Minnesota (1,383rd of 1,918), and 1,609th of 2,199 in information & media. In 2022, employees put in $3.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,439,723
Participants with balances93
Active participants43
Employer contributions$199,857
Employee contributions$635,581
Employer contribution per active participant$4,648
Average account balance$90,750
Benefits paid to participants$1,867,161
Plan auditUnmodified (clean) audit opinion
AuditorELLINGSON & ELLINGSON, LTD.
Administrative expenses, itemized · 2022
Investment management$9,999
Professional / advisory$1,625
Total administrative$11,624
The Qumu Corporation 401(k) match · 2022
Employer contribution per active participant$4,648
Median for plans this size$1,114

Qumu Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,624 · 0.12%
Similar plansInformation & Media · Minnesota
When I Work, Inc. MN$14.0M · 0.44%
Ourfamilywizard, LLC MN$8.8M · 0.46%
U.S. Internet MN$8.3M · 0.05%
Dispatchit, Inc. MN$6.0M · 0.36%
Travelnet Solutions, LLC MN$3.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411577970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.