401k Record

Employers › Q2 Holdings

Q2 Holdings 401(k)

Recordkeeping fees per participant · Q2 Holdings, Inc. 401(k) Plan · plan year 2024

$39.33

Higher than 29% of the 5,847 plans $50 to 250M that report it.

Source

= $83,186 / 2,115
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250917103633NAL0000371969001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917103633NAL0000371969001, received 2025-09-17

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-17.

Cost and contributions

Administrative expenses excluding investment management, per participant

$40.32

10th: $16.21median $93.2090th: $246.84

Higher than 21% of the 8,758 plans $50 to 250M that report it.

Source

= $85,286 / 2,115
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917103633NAL0000371969001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917103633NAL0000371969001, received 2025-09-17

Administrative expenses per participant

$118.45

10th: $29.39median $132.8490th: $350.58

Higher than 44% of the 9,042 plans $50 to 250M that report it.

Source

= $250,531 / 2,115
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917103633NAL0000371969001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917103633NAL0000371969001, received 2025-09-17

Administrative expenses as a share of assets

0.114%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 42% of the 9,049 plans $50 to 250M that report it.

Source

= $250,531 / $219,179,896
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917103633NAL0000371969001, received 2025-09-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917103633NAL0000371969001, received 2025-09-17

Employer contributions per participant

$3,198

10th: $965median $2,73890th: $8,164

Higher than 58% of the 9,105 plans $50 to 250M that report it.

Source

= $6,763,027 / 2,115
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917103633NAL0000371969001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917103633NAL0000371969001, received 2025-09-17

Employer share of total contributions

19.4%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 17% of the 9,112 plans $50 to 250M that report it.

Source

= $6,763,027 / $34,927,204
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917103633NAL0000371969001, received 2025-09-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917103633NAL0000371969001, received 2025-09-17

Plan terms, as stated in Q2 Holdings, Inc.'s SEC filings

Employer match

“The Company makes matching contributions equal to 50% of employee contributions, up to 6% of each participant's compensation.”

Form 10-K filed 2026-02-11, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document

Vesting

“Employees are eligible to participate upon date of hire and are immediately vested in all matching contributions.”

Form 10-K filed 2026-02-11, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document

Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.

Plan features

2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250917103633NAL0000371969001, received 2025-09-17

Full record, Q2 Holdings, Inc. 401(k) Plan

FieldValueSource
Plan sponsorQ2 HOLDINGS, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250917103633NAL0000371969001, received 2025-09-17
Plan nameQ2 HOLDINGS, INC. 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250917103633NAL0000371969001, received 2025-09-17
Sponsor EIN / plan number20-2706637 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250917103633NAL0000371969001, received 2025-09-17
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250917103633NAL0000371969001, received 2025-09-17
Sponsor locationAUSTIN, TXForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250917103633NAL0000371969001, received 2025-09-17
Industry (business code)541511, Professional, scientific, and technical servicesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250917103633NAL0000371969001, received 2025-09-17
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250917103633NAL0000371969001, received 2025-09-17
Filing received2025-09-17Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250917103633NAL0000371969001, received 2025-09-17
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250917103633NAL0000371969001, received 2025-09-17
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250917103633NAL0000371969001, received 2025-09-17
Participants, beginning of year2,185Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250917103633NAL0000371969001, received 2025-09-17
Active participants1,660Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250917103633NAL0000371969001, received 2025-09-17
Participants, end of year2,155Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250917103633NAL0000371969001, received 2025-09-17
Participants with an account balance2,115Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917103633NAL0000371969001, received 2025-09-17
Total assets, beginning of year$171,220,711Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250917103633NAL0000371969001, received 2025-09-17
Total assets, end of year$219,179,896Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917103633NAL0000371969001, received 2025-09-17
Net assets, end of year$219,179,896Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250917103633NAL0000371969001, received 2025-09-17
Total income$62,039,355Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250917103633NAL0000371969001, received 2025-09-17
Net income$47,959,185Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250917103633NAL0000371969001, received 2025-09-17
Employer contributions$6,763,027Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917103633NAL0000371969001, received 2025-09-17
Participant contributions$24,081,003Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250917103633NAL0000371969001, received 2025-09-17
Other contributions (incl. rollovers)$4,083,174Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250917103633NAL0000371969001, received 2025-09-17
Total contributions$34,927,204Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917103633NAL0000371969001, received 2025-09-17
Benefit payments$13,827,256Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250917103633NAL0000371969001, received 2025-09-17
Total expenses (incl. benefit payments)$14,080,170Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250917103633NAL0000371969001, received 2025-09-17
Total administrative expenses$250,531Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917103633NAL0000371969001, received 2025-09-17
Contract administrator fees$2,100Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250917103633NAL0000371969001, received 2025-09-17
Recordkeeping fees$83,186Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250917103633NAL0000371969001, received 2025-09-17
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250917103633NAL0000371969001, received 2025-09-17
Investment advisory and management fees$165,245Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250917103633NAL0000371969001, received 2025-09-17
Administrative expenses excluding investment management$85,286derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917103633NAL0000371969001, received 2025-09-17
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250917103633NAL0000371969001, received 2025-09-17
Held in common/collective trusts$9,634,428Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250917103633NAL0000371969001, received 2025-09-17
Held in mutual funds$207,033,408Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250917103633NAL0000371969001, received 2025-09-17
Independent auditorBAUER&COMPANYSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250917103633NAL0000371969001, received 2025-09-17

Position = column in the DOL layout for form year 2024. Filing 20250917103633NAL0000371969001, received 2025-09-17.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees $85,286yes
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $85,245no
ALLIANT RETIREMENT SERVICESADVISOR 27 Investment advisory (plan) $80,000no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250917103633NAL0000371969001, received 2025-09-17.

What changed since the 2023 plan year

Figure20232024Change
Total assets$171,220,711$219,179,89628.0%
Participants with a balance2,1452,115-1.4%
Administrative expenses$229,656$250,5319.1%
Recordkeeping fees per participant$40.02$39.33-1.7%
Employer contributions$6,843,375$6,763,027-1.2%

Prior filing 20240801133411NAL0013509203001, received 2024-08-01; the plan years are contiguous.

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Sponsor name as filed: Q2 HOLDINGS, INC.; SEC registrant: Q2 Holdings, Inc. (CIK 1410384, matched by EIN; display name from the Form 10-K cover).