Plan Ledger DOL Form 5500 · updated monthly

The Qt Company401(k)

THE QT COMPANY 401K PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

The Qt Company reported $35,733 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $11,083 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 3,954th-largest of 9,483 plans among California employers on file, and 1,101st of 2,199 in information & media. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,699,400
Participants with balances142
Active participants119
Employer contributions$1,318,902
Employee contributions$1,900,866
Employer contribution per active participant$11,083
Average account balance$124,644
Benefits paid to participants$909,047
Plan auditUnmodified (clean) audit opinion
AuditorFRANK RIMERMAN
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,015
Investment management$34,718
Total administrative$35,733
The The Qt Company 401(k) match · 2024
Employer contribution per active participant$11,083
Median for plans this size$2,416

The Qt Company's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$34,718
ADP, INC. · Loan processing · Recordkeeping$1,015
ADP BROKER-DEALERindirect comp

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

Administrative cost history1
2024$35,733 · 0.23%
Similar plansInformation & Media · California
Jitterbit, Inc. CA$18.2M · 0.30%
Nativo, Inc. CA$18.2M · 0.01%
Matrixx Software Inc. CA$18.1M · 0.46%
Comparenetworks, Inc. CA$17.6M · 0.25%
Frontapp, Inc. CA$17.4M · 0.56%
Chernin Entertainment, LLC CA$17.3M · 0.02%
Zefr CA$17.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990363572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.