Plan Snapshot
- Plan Sponsor: Quantum Corporation
- Sponsor EIN: 942665054
- Sponsor Address: 224 AIRPORT PKWY, SAN JOSE, CA, 95110
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 455
- Total Assets: $5,065
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 455 | $5,065 | $135,964 | $0 |
| 2023 | 445 | $23,015 | $169,320 | $0 |
| 2022 | 445 | $50,605 | $136,676 | $0 |
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 |
|---|---|---|---|---|
| STANDARD INSURANCE COMPANY | Other Service Provider | $20,440 | — | $20,440 |
| BROCK AND COMPANY CPAS, P.C. | Auditor | $17,950 | — | $17,950 |
| TRISTAR BENEFIT ADMINISTRATORS, INC | Recordkeeper | $8,550 | — | $8,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROCK AND COMPANY CPAS, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,940
- Estimated Expense Ratio: 926.752% 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 | $46,940 | — | $28,990 | $17,950 | — |
| 2023 | $50,401 | — | $33,311 | $17,090 | — |
| 2022 | $41,100 | — | $25,200 | — | $15,900 |