Plan Ledger DOL Form 5500 · updated monthly

Vision Quest Industries, Inc.401(k)

VQ 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Vision Quest Industries, Inc. reported $35,134 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. 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 0.54% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (6,724th of 9,483), and 2,175th of 3,341 in other services. active participation has shrunk from 89 to 64 since 2022.

Plan summary
Net assets, end of year$5,861,297
Participants with balances144
Active participants64
Employer contributions$0
Employee contributions$400,377
Employer contribution per active participant$0
Average account balance$40,703
Benefits paid to participants$491,308
Plan auditUnmodified (clean) audit opinion
AuditorVALENTINE & CALDWELL CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 144 accts
2023$5.4M · 133 accts
2022$4.6M · 138 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,134
Total administrative$35,134
The Vision Quest Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Vision Quest Industries, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
EQUITABLE LIFE INSURANCE CO. · Recordkeeping · Trustee (directed)$35,134

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

Recordkeeper by year2
2024EQUITABLE LIFE INSURANCE CO.
2023EQUITABLE LIFE INSURANCE CO.

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$35,134 · 0.63%
2023$29,320 · 0.59%
2022$26,858 · 0.54%
Similar plansOther Services · California
Joni and Friends CA$6.0M · 0.51%
A Community of Friends CA$6.0M · 0.02%
Spectrum Assembly Inc CA$5.9M · 0.28%
California Boiler, Inc. CA$5.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330350172 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.