Plan Ledger DOL Form 5500 · updated monthly

Qumulo, Inc.401(k)

QUMULO, INC. 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Qumulo, Inc. reported $33,343 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.07% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 499th-largest of 1,714 plans among Washington employers on file, and the 4,269th of 13,661 in manufacturing. active participation has shrunk from 260 to 191 since 2022.

Plan summary
Net assets, end of year$32,123,407
Participants with balances384
Active participants191
Employer contributions$0
Employee contributions$3,416,122
Employer contribution per active participant$0
Average account balance$83,655
Benefits paid to participants$4,056,116
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.1M · 384 accts
2023$27.6M · 427 accts
2022$21.9M · 464 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,179
Investment management$7,164
Total administrative$33,343
The Qumulo, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Qumulo, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,179
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,164

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$33,343 · 0.11%
2023$25,095 · 0.10%
2022$15,758 · 0.07%
Same employer
Similar plansManufacturing · Washington
G S Long Co Inc WA$33.7M · 0.33%
Hermetic Solutions Group WA$32.9M · 0.54%
Cascade Designs, Inc. WA$32.9M · 0.25%
Sekisui Aerospace, Inc. WA$32.4M · 0.95%
Scafco Corporation WA$31.9M · 0.18%
Great Western Malting Co. WA$31.2M · 0.45%
Mackay Manufacturing, Inc. WA$30.8M · 0.23%
Cascade Dafo, Inc WA$30.3M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 454622538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.