Q-Centrix LLC 401(k) Review & Grade
Q-Centrix LLC 401(k) Profit Sharing Plan and Trust
Chicago, ILProfessional, Scientific & Technical Services1,246 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,010Employer $ per active participant
$3,322Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$38.7MNet plan assets, end of year
$45,816Average balance per account
Score breakdown
- Employer generosity9.9 / 5020th percentile for employer $ per participant
- Low cost9.8 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving2.5 / 1517th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score15 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 20th |
| Lower admin cost | 39th |
| Employee saving | 17th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($2,184 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Q-Centrix put in about $1,010 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,258,677 |
| Participant (employee) contributions | $4,139,835 |
| Other contributions (incl. rollovers in) | $900,857 |
| Administrative expenses paid from the plan | $110,794 |
| Investment advisory & management fees | $83,126 |
| Benefits paid out | $4,639,573 |
| Net assets, start / end of year | $32.5M / $38.7M |
| Active participants, start / end of year | 1,230 / 1,262 |
| Participants with account balances | 844 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Sikich CPA LLC |
Largest service providers (Schedule C)
| Creative Planning | $83,126 reported compensation |
| Transamerica Retirement Solutions | $27,668 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250904100749NAL0033553042001, received 2025-09-04, EIN 27-3439332, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.