Department of Labor filing

QAD INC.

QAD INC. 401(K) RETIREMENT PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 13, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

50filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$4,609

Reported employer contributions per active participant.

Higher than about 70% of comparable plans

#People in the filing

534

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$342 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 3% of comparable plans

↗Investment performance

Not available

Plan assets changed 17.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202450out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions70th percentileTypical peer $3,106 · based on 1,380 comparable plans

Lower reported administrative expense3rd percentileTypical peer $113 · based on 1,398 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, QAD INC. reported $2,461,117 in employer contributions across the plan and 534 active participants. That works out to $4,609 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy63%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 3.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 13.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context50/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $2,461,117
Participant contributions: $8,373,207
Other contributions: $1,893,998
Employer share of reported contributions: 22.7%
Beginning assets: $161,895,257
Ending assets: $189,354,085
Ending net assets: $189,354,085
Ending liabilities: $0
Total income: $42,562,356
Total expenses: $26,035,262
Administrative expenses: $253,261
Participant loans: $657,857

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$4,475

2023

$4,442

2024

$4,609

Plan-paid administrative expenses per participant

2022

$301

2023

$383

2024

$342

Active participants

2022

457

2023

374

2024

534

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$4,609	534	189.4M	20251013142902NAL0000710867001
2023	$4,442	374	161.9M	20241010180419NAL0034949520001
2022	$4,475	457	162.3M	20240626123951NAL0018253122001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 770105228-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1988
Industry: Professional, scientific, and technical services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K3F3H2S2T

Current plan terms

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Filing ACK_ID20251013142902NAL0000710867001

Data sourceDOL Form 5500 bulk data ↗

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