Plan Snapshot
- Plan Sponsor: Qps Employment Group, INC.
- Sponsor EIN: 391527048
- Sponsor Address: 250 N. PATRICK BLVD. SUITE 185, BROOKFIELD, WI, 53045
- Plan Type: 401(k)
- Total Participants: 297
- Total Assets: $12.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 297 | $12.3M | $292,134 | $989,985 |
| 2023 | 317 | $10.6M | $304,054 | $976,341 |
| 2022 | 356 | $8.8M | $296,273 | $982,376 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AME | Recordkeeper | $46,264 | — | $46,264 |
| NORTHWESTERN MUTUAL INVESTMENT SVCS | Investment Advisor | — | $24,983 | $24,983 |
| BLUE CHIP RETIREMENT PLANS, INC. | Other Service Provider | $22,326 | — | $22,326 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $12,364 | — | $12,364 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,937
- Estimated Expense Ratio: 0.861% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $65,905 | — | — | — | — |
| 2023 | $66,404 | — | — | — | — |
| 2022 | $56,951 | — | $56,951 | — | — |