401k Record

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Qnergy 401(k)

Recordkeeping fees per participant · Qnergy 401(k) Plan · plan year 2024

$157.45

Higher than 81% of the 7,477 plans $1 to 10M that report it.

Source

= $19,209 / 122
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002094154NAL0000259105001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002094154NAL0000259105001, received 2025-10-02

10th: $11.10median $71.5290th: $209.21

Percentiles compare this plan with the Schedule H plans $1 to 10M 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 2025-10-02.

Cost and contributions

Administrative expenses excluding investment management, per participant

$362.87

10th: $13.66median $103.3390th: $302.77

Higher than 94% of the 14,713 plans $1 to 10M that report it.

Source

= $44,270 / 122
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002094154NAL0000259105001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002094154NAL0000259105001, received 2025-10-02

Administrative expenses per participant

$436.45

10th: $19.42median $150.2790th: $370.75

Higher than 94% of the 15,210 plans $1 to 10M that report it.

Source

= $53,247 / 122
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002094154NAL0000259105001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002094154NAL0000259105001, received 2025-10-02

Administrative expenses as a share of assets

0.658%

10th: 0.069%median 0.519%90th: 1.146%

Higher than 64% of the 15,243 plans $1 to 10M that report it.

Source

= $53,247 / $8,087,080
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002094154NAL0000259105001, received 2025-10-02
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002094154NAL0000259105001, received 2025-10-02

Employer contributions per participant

$2,587

10th: $357median $1,32390th: $2,861

Higher than 86% of the 13,342 plans $1 to 10M that report it.

Source

= $315,608 / 122
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002094154NAL0000259105001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002094154NAL0000259105001, received 2025-10-02

Employer share of total contributions

32.4%

10th: 11.9%median 28.9%90th: 43.6%

Higher than 63% of the 13,370 plans $1 to 10M that report it.

Source

= $315,608 / $974,480
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002094154NAL0000259105001, received 2025-10-02
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002094154NAL0000259105001, received 2025-10-02

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

Plan terms are not published in public filings.

Plan features

2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251002094154NAL0000259105001, received 2025-10-02

Full record, Qnergy 401(k) Plan

FieldValueSource
Plan sponsorQNERGY, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251002094154NAL0000259105001, received 2025-10-02
Plan nameQNERGY 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251002094154NAL0000259105001, received 2025-10-02
Sponsor EIN / plan number46-4116754 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251002094154NAL0000259105001, received 2025-10-02
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251002094154NAL0000259105001, received 2025-10-02
Sponsor locationOGDEN, UTForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251002094154NAL0000259105001, received 2025-10-02
Industry (business code)541330, Professional, scientific, and technical servicesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251002094154NAL0000259105001, received 2025-10-02
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251002094154NAL0000259105001, received 2025-10-02
Filing received2025-10-02Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251002094154NAL0000259105001, received 2025-10-02
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251002094154NAL0000259105001, received 2025-10-02
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251002094154NAL0000259105001, received 2025-10-02
Participants, beginning of year145Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251002094154NAL0000259105001, received 2025-10-02
Active participants82Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251002094154NAL0000259105001, received 2025-10-02
Participants, end of year122Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251002094154NAL0000259105001, received 2025-10-02
Participants with an account balance122Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002094154NAL0000259105001, received 2025-10-02
Total assets, beginning of year$7,643,665Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251002094154NAL0000259105001, received 2025-10-02
Total assets, end of year$8,087,080Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002094154NAL0000259105001, received 2025-10-02
Net assets, end of year$8,049,163Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251002094154NAL0000259105001, received 2025-10-02
Total income$2,055,990Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251002094154NAL0000259105001, received 2025-10-02
Net income$470,889Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251002094154NAL0000259105001, received 2025-10-02
Employer contributions$315,608Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002094154NAL0000259105001, received 2025-10-02
Participant contributions$567,272Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251002094154NAL0000259105001, received 2025-10-02
Other contributions (incl. rollovers)$91,600Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251002094154NAL0000259105001, received 2025-10-02
Total contributions$974,480Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002094154NAL0000259105001, received 2025-10-02
Benefit payments$1,531,854Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251002094154NAL0000259105001, received 2025-10-02
Total expenses (incl. benefit payments)$1,585,101Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251002094154NAL0000259105001, received 2025-10-02
Total administrative expenses$53,247Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002094154NAL0000259105001, received 2025-10-02
Recordkeeping fees$19,209Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002094154NAL0000259105001, received 2025-10-02
Investment advisory and management fees$8,977Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251002094154NAL0000259105001, received 2025-10-02
Administrative expenses excluding investment management$44,270derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002094154NAL0000259105001, received 2025-10-02
Held in mutual funds$7,847,929Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251002094154NAL0000259105001, received 2025-10-02
Independent auditorBRIDGE CPA PLLCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251002094154NAL0000259105001, received 2025-10-02

Position = column in the DOL layout for form year 2024. Filing 20251002094154NAL0000259105001, received 2025-10-02.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
RANDALL & HURLEY, INCrecordkeeperTPA 15 Recordkeeping and information management; 17 Consulting (pension); 30 Employee (plan); 37 Participant loan processing; 50 Direct payment from the plan; 60 Sub-transfer agency fees; 64 Recordkeeping fees $19,209no
GLOBAL RETIREMENT PARTNERSFINANCIAL ADVISOR 26 Investment advisory (participants); 27 Investment advisory (plan) $8,977no
CHARLES SCHWAB BANKCUSTODIAN 19 Custodial (securities) $2,134no

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 20251002094154NAL0000259105001, received 2025-10-02.

What changed since the 2023 plan year

Figure20232024Change
Total assets$7,643,665$8,087,0805.8%
Participants with a balance143122-14.7%
Administrative expenses$30,217$53,24776.2%
Recordkeeping fees per participantnot reported$157.45
Employer contributions$356,238$315,608-11.4%

Prior filing 20241011164428NAL0012768899001, received 2024-10-11; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: QNERGY, INC.; SEC registrant: Qnergy Inc. (CIK 1852639, matched by EIN).