Quantum Health, Inc. 401(k) Review & Grade
Quantum Health, Inc. 401(k) Plan
Dublin, OHProfessional, Scientific & Technical Services2,269 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,627Employer $ per active participant
$5,932Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$109.0MNet plan assets, end of year
$44,430Average balance per account
Score breakdown
- Employer generosity21.6 / 5043th percentile for employer $ per participant
- Low cost10.9 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving4.4 / 1529th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 44th |
| Employee saving | 29th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Quantum Health put in about $2,627 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $5,959,857 |
| Participant (employee) contributions | $13,459,232 |
| Other contributions (incl. rollovers in) | $3,514,523 |
| Administrative expenses paid from the plan | $272,601 |
| Investment advisory & management fees | $97,508 |
| Benefits paid out | $15,236,292 |
| Net assets, start / end of year | $88.1M / $109.0M |
| Active participants, start / end of year | 2,281 / 2,257 |
| Participants with account balances | 2,453 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Whalen Cpas |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $175,093 reported compensation |
| Everhart Financial Group Inc | $97,508 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013080420NAL0000363299001, received 2025-10-13, EIN 20-8423895, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.