Plan Ledger DOL Form 5500 · updated monthly

The Quarto Group, Inc.401(k)

THE QUARTO GROUP, INC. 401(K) PROFIT SHARING PLAN · BEVERLY, MA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

The Quarto Group, Inc. reported $67,163 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,859 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 fell from 0.40% to 0.31%. 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 1,151st-largest of 2,726 plans among Massachusetts employers on file, and the 914th of 2,199 in information & media. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,251,378
Participants with balances263
Active participants118
Employer contributions$455,387
Employee contributions$810,498
Employer contribution per active participant$3,859
Average account balance$92,211
Benefits paid to participants$447,553
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 263 accts · $455K emplr
2023$19.7M · 259 accts · $437K emplr
2022$18.0M · 264 accts · $427K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,750
Investment management$43,413
Total administrative$67,163
The The Quarto Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,859
Median for plans this size$2,416
2024$3,859 per active participant
2023$3,527 per active participant
2022$3,497 per active participant

The Quarto Group, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$23,750
UBS FINANCIAL SERVICES · Investment advisory (plan)$43,413

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$67,163 · 0.31%
2023$59,631 · 0.32%
2022$81,239 · 0.40%
Similar plansInformation & Media · Massachusetts
Paytronix Systems, Inc. MA$26.7M · 0.25%
Kyruus, Inc. MA$25.0M · 0.12%
Netbrain Technologies, Inc. MA$24.3M · 0.28%
Energy Services Group, LLC. MA$22.9M · 0.20%
Callminer, Inc. MA$22.8M · 0.30%
Apriori Technologies, Inc. MA$22.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060942398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.