Retirement plan

QUARTUS ENGINEERING EMPLOYEE STOCK OWNERSHIP PLAN

Name: QUARTUS ENGINEERING, INC. - QUARTUS ENGINEERING EMPLOYEE STOCK OWNERSHIP PLAN (2024) Form 5500
Creator: QUARTUS ENGINEERING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUARTUS ENGINEERING EMPLOYEE STOCK OWNERSHIP PLAN, QUARTUS ENGINEERING, INC.

QUARTUS ENGINEERING, INC.EIN 33-0782058Plan #002PY 2024

9689 TOWNE CENTRE DRIVE - SAN DIEGO, CA 921211964858-875-6000quartus.comLinkedIn51-200 employeesinformation technology and services

Other plans on this EIN

1 filing

#001Retirement-$25.9M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$23.8M

-24.6% from 2023

Total participants

228

+3.6% from 2023

Average account balance

$104,888

-27.3% from 2023

Annual return

-25.19%

-16.50 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.81M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

227

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

-25.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$181

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
INTELLIGENCE DRIVEN ADVISERS LLC1 year Filed as: INTELLIGENCE DRIVEN ADVISERS Service code 27 · EIN 83-2499358	Advisory (Plan)	$40,355
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$0

Plan features & details

Pension benefit codes2I2K2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$41K

$268 / participant

Other / not subdivided$41K100.0%

% of EOY assets

0.172%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,888

$101,591+3.2%

$147,096-28.7%

$74,429+40.9%

Participation rate

99.3%

75.5%+23.8pp

82.2%+17.2pp

67.2%+32.1pp

Annual return

-25.19%

8746.45%-8771.6pp

419.75%-444.9pp

1368.38%-1393.6pp

Employer contribution / active EE

$8,199

$3,813+115.0%

$4,936+66.1%

$2,625+212.4%

Participant deferral / active EE

$7,302-100.0%

$8,071-100.0%

$4,348-100.0%

Admin fee / account holder

$181

$1,750-89.7%

$13,005-98.6%

$1,944-90.7%

Provider

Service type

Compensation

INTELLIGENCE DRIVEN ADVISERS LLC1 year

Filed as: INTELLIGENCE DRIVEN ADVISERS

Service code 27 · EIN 83-2499358

Advisory (Plan)

$40,355

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

QUARTUS ENGINEERING EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUARTUS ENGINEERING EMPLOYEE STOCK OWNERSHIP PLAN

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