Plan Snapshot
- Plan Sponsor: Quality Innovation, INC.
- Sponsor EIN: 542009952
- Sponsor Address: 15808 RANCH ROAD 620, AUSTIN, TX, 78717
- Plan Type: 401(k)
- Total Participants: 74
- Total Assets: $2.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 74 | $2.9M | $268,393 | $194,852 |
| 2023 | 76 | $3.3M | $734,369 | $214,556 |
| 2022 | 90 | $3.3M | $1.2M | $293,706 |
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 COMPANY | RECORDKEEPER | $42,220 | — | $42,220 |
| TITLEIST CAPITAL LLC | BROKER/ADVISER | — | $14,758 | $14,758 |
| NOVA 401(K) ASSOCIATES | CONTRACT ADMIN | $7,420 | $3,015 | $10,435 |
| ATCHLEY & ASSOCIATES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ATCHLEY & ASSOCIATES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,413
- Estimated Expense Ratio: 2.319% 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 | $52,155 | — | $52,155 | — | — |
| 2023 | $46,215 | $31,571 | — | — | — |
| 2022 | $66,263 | $66,263 | — | — | — |