# Quantum Corporation 401(k) Plan
Source: https://planprovider.pro/companies/quantum-corporation-401k-plan

> Quantum Corporation's 401(k) plan: 291 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Quantum Corporation

- **Sponsor EIN:** 942665054

- **Sponsor Address:** 224 AIRPORT PARKWAY, SAN JOSE, CA, 95110

- **Plan Type:** 401(k)

- **Total Participants:** 291

- **Total Assets:** $267.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|291|$267.5M|$1.0M|$5.5M|

| 2023|369|$255.4M|$1.6M|$6.5M|

| 2022|441|$227.5M|$1.8M|$7.1M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$83,054|—|$83,054|

| BROCK|ACCOUNTANT/AUDITOR|$22,375|—|$22,375|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [BROCK](https://planprovider.pro/provider/brock-and-company-cpas-pc) — ACCOUNTANT/AUDITOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $105,429

- **Estimated Expense Ratio:** 0.039% 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|$110,342|—|—|$22,375|—|

| 2023|$125,783|—|$600|$17,579|—|

| 2022|$122,155|—|—|—|—|

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