QTI HUMAN RESOURCES, INC. 401(K) PLAN

At the end of 2021, the total retirement plan assets of QTI HUMAN RESOURCES, INC. 401(K) PLAN is $79,449,505.This plan was established in 2022.

At the end of 2021, the total number of retirement plan participants in QTI HUMAN RESOURCES, INC. 401(K) PLAN is 2661

In 2021, the average participant retirement account value for QTI HUMAN RESOURCES, INC. 401(K) PLAN is $29,857

In 2021, the estimated average employee contribution amount per participant for QTI HUMAN RESOURCES, INC. 401(K) PLAN is $3,221

In 2021, the estimated average employer match for an employee in QTI HUMAN RESOURCES, INC. 401(K) PLAN is approximately $1,308

In 2021, QTI HUMAN RESOURCES, INC. 401(K) PLAN allocates $3,480,950 to match its employees’ contributions, providing an employer match rate of 40.60% of their contributions

In 2021, the total retirement plan asset growth rate of QTI HUMAN RESOURCES, INC. 401(K) PLAN is 27.54%

In 2021, the estimated aggregate retirement account investment gain/loss for QTI HUMAN RESOURCES, INC. 401(K) PLAN is 15.45%. This measures the effectiveness of the plan participants’ investments in the year.

In 2021, the investment and administrative expense ratio of QTI HUMAN RESOURCES, INC. 401(K) PLAN is 0.37%.

Enrollment Features

QTI HUMAN RESOURCES, INC. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.