QTC Management, Inc. 401(k) Review & Grade
QTC Management, Inc. Retirement Savings Plan
San Dimas, CAAdministrative, Support & Staffing Services4,103 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,032Employer $ per active participant
$4,884Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$154.0MNet plan assets, end of year
$32,230Average balance per account
Score breakdown
- Employer generosity45.6 / 5091th percentile for employer $ per participant
- Low cost16.1 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving12.9 / 1586th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score68 / 100 · Grade B
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 65th |
| Employee saving | 86th |
| Peers that auto-enroll | 22% |
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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 ($2,850,183 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
- QTC Management put in about $3,032 per active participant, more than the typical peer ($342). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 | $12,438,467 |
| Participant (employee) contributions | $20,040,132 |
| Other contributions (incl. rollovers in) | $1,787,602 |
| Administrative expenses paid from the plan | $105,442 |
| Investment advisory & management fees | $1,193 |
| Benefits paid out | $7,667,058 |
| Net assets, start / end of year | $112.0M / $154.0M |
| Active participants, start / end of year | 3,822 / 4,384 |
| Participants with account balances | 4,778 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Vanguard Group, Inc. | $104,249 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015171939NAL0005511921001, received 2025-10-15, EIN 95-3948968, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.