Plan Ledger DOL Form 5500 · updated monthly

Quorum Business Solutions (U.S.A.), Inc.401(k)

QUORUM BUSINESS SOLUTIONS (U.S.A.), INC 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Quorum Business Solutions (U.S.A.), Inc. reported $23,562 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,376 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 3 years on file its reported administrative ratio has held roughly steady near 0.018%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 498th-largest of 5,688 plans among Texas employers on file, and the 1,106th of 11,654 in professional & technical services. In 2024, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$139,987,802
Participants with balances930
Active participants573
Employer contributions$1,934,452
Employee contributions$6,096,018
Employer contribution per active participant$3,376
Average account balance$150,525
Benefits paid to participants$9,672,348
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$140.0M · 930 accts · $1.9M emplr
2023$121.9M · 955 accts · $1.9M emplr
2022$100.1M · 980 accts · $1.7M emplr
The Quorum Business Solutions (U.S.A.), Inc. 401(k) match · 2024
Employer contribution per active participant$3,376
Median for plans this size$3,635
2024$3,376 per active participant
2023$3,288 per active participant
2022$2,847 per active participant

Quorum Business Solutions (U.S.A.), Inc.'s 2024 employer contribution ran below the $3,635 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 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 · Consulting$24,962

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$23,562 · 0.02%
2023$19,352 · 0.02%
2022$19,039 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Texas
Planview, Inc. TX$146.8M · 0.13%
Sixth Street Partners, LLC TX$143.5M · 0.06%
Eviden TX$139.6M · 0.12%
Aker Solutions Inc. TX$137.5M · 0.11%
Luminex Corporation TX$137.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760571260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.