Retirement plan

QUANTUM WORKPLACE 401(K) PROFIT SHARING PLAN

Name: QUANTUM WORKPLACE - QUANTUM WORKPLACE 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: QUANTUM WORKPLACE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUANTUM WORKPLACE 401(K) PROFIT SHARING PLAN, QUANTUM WORKPLACE

QUANTUM WORKPLACEEIN 04-3667286Plan #001PY 2022

13810 FNB PARKWAY, SUITE 401 - OMAHA, NE 68154402-955-1789quantumworkplace.comLinkedIn51-200 employeescomputer software

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed January 25, 2019

Plan administrator

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13810 FNB Parkway, Suite 401

Omaha State: NE Zip Code: 68154

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Plans declared (1)

QMR Executive Incentive Plan1 emp

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Total assets (EOY)

$6.6M

+3.6% from 2021

Total participants

169

+29.0% from 2021

Average account balance

$44,409

-19.5% from 2021

Annual return

-12.05%

-31.04 pp from 2021

Benchmarks

See 1,030 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,030 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$11.28M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$75K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

151

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

93.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.61%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$249

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$21,881
NORTHWESTERN MUTUAL INVESTMENT SERV1 year Filed as: NORTHWESTERN MUT INV SRV LLC Service code 26 ATTN IPS COMPENSATION · MILWAUKEE, WI 53202	Advisory (Participants)	$0

Plan features & details

Pension benefit codes3D2E2F2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$7K

$46 / participant

Investment mgmt$7K100.0%

% of EOY assets

0.101%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,409

$58,320-23.9%

$86,438-48.6%

$66,938-33.7%

Participation rate

85.3%

78.6%+6.7pp

80.3%+5.0pp

69.8%+15.5pp

Annual return

-12.05%

-9.71%-2.3pp

4397.19%-4409.2pp

1.58%-13.6pp

Employer contribution / active EE

$3,158

$2,615+20.7%

$3,769-16.2%

$2,545+24.1%

Participant deferral / active EE

$6,087

$6,899-11.8%

$6,952-12.4%

$4,238+43.6%

Admin fee / account holder

$45

$546-91.8%

$6,733-99.3%

$594-92.5%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$21,881

NORTHWESTERN MUTUAL INVESTMENT SERV1 year

Filed as: NORTHWESTERN MUT INV SRV LLC

Service code 26

ATTN IPS COMPENSATION · MILWAUKEE, WI 53202

Advisory (Participants)

QUANTUM WORKPLACE 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUANTUM WORKPLACE 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion