QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN is $83,598,889.This plan was established in 1994.

At the end of 2022, the total number of retirement plan participants in QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN is 2687

In 2022, the average participant retirement account value for QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN is $31,112

In 2022, the estimated average employee contribution amount per participant for QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN is $4,720

In 2022, the estimated average employer match for an employee in QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN is approximately $1,342

In 2022, QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN allocates $3,606,769 to match its employees’ contributions, providing an employer match rate of 34.85% of their contributions

In 2022, the total retirement plan asset growth rate of QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN is -5.24%

In 2022, the estimated aggregate retirement account investment gain/loss for QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN is -15.21%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN is 0.08%.

Enrollment Features

QTC MANAGEMENT, INC. RETIREMENT SAVINGS PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.