# Quorum Business Solutions (U.S.A.), INC. 401(k) Plan
Source: https://planprovider.pro/companies/quorum-business-solutions-u-s-a-inc-401k-plan

> Quorum Business Solutions (U.S.A.), INC.'s 401(k) plan: 573 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Quorum Business Solutions (U.S.A.), INC.

- **Sponsor EIN:** 760571260

- **Sponsor Address:** 811 MAIN STREET, HOUSTON, TX, 77002

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

- **Total Participants:** 573

- **Total Assets:** $140.0M

## 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|573|$140.0M|$1.9M|$6.1M|

| 2023|572|$121.9M|$1.9M|$6.2M|

| 2022|595|$100.1M|$1.7M|$6.3M|

## 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|

| THE VANGUARD GROUP, INC.|NONE|$24,962|—|$24,962|

| WITHUMSMITH+BROWN, PC|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [THE VANGUARD GROUP, INC.](https://planprovider.pro/provider/the-vanguard-group-inc) — NONE

- [WITHUMSMITH+BROWN, PC](https://planprovider.pro/provider/withumsmithbrown-pc) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $24,962

- **Estimated Expense Ratio:** 0.018% 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|$23,562|—|—|—|—|

| 2023|$19,352|—|—|—|—|

| 2022|$19,039|—|—|—|—|

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