Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › QVC
QVC 401(k)
- QVCG Nasdaq
- Retail trade
- West Chester, PA
- EIN 23-2414041
- 1 plan with Schedule H financials
- Plan year 2024
- QVC, Inc.
- SEC registrant QVC Group, Inc.
Administrative expenses excluding investment management, per participant · Qurate Retail Group 401(k) Retirement Savings Plan for QVC and HSN · plan year 2024
$80.81
Higher than 85% of the 1,045 plans over $1B that report it.
Source
= $709,596 / 8,781
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015144806NAL0005182929001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015144806NAL0005182929001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans over $1B 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 2025-10-15.
Cost and contributions
Administrative expenses per participant
$80.81
Higher than 59% of the 1,076 plans over $1B that report it.
Source
= $709,596 / 8,781
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015144806NAL0005182929001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015144806NAL0005182929001, received 2025-10-15
Administrative expenses as a share of assets
0.064%
Higher than 68% of the 1,076 plans over $1B that report it.
Source
= $709,596 / $1,110,550,053
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015144806NAL0005182929001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015144806NAL0005182929001, received 2025-10-15
Employer contributions per participant
$1,662
Higher than 13% of the 1,135 plans over $1B that report it.
Source
= $14,594,032 / 8,781
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015144806NAL0005182929001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015144806NAL0005182929001, received 2025-10-15
Employer share of total contributions
27.4%
Higher than 31% of the 1,135 plans over $1B that report it.
Source
= $14,594,032 / $53,223,977
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015144806NAL0005182929001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015144806NAL0005182929001, received 2025-10-15
Plan terms, as stated in QVC, Inc.'s SEC filings
Plan terms are described in QVC, Inc.'s SEC filings: Form 10-K filed 2026-04-15. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015144806NAL0005182929001, received 2025-10-15
Full record, Qurate Retail Group 401(k) Retirement Savings Plan for QVC and HSN
| Field | Value | Source |
|---|---|---|
| Plan sponsor | QVC, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Plan name | QURATE RETAIL GROUP 401(K) RETIREMENT SAVINGS PLAN FOR QVC AND HSN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Sponsor EIN / plan number | 23-2414041 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Sponsor location | WEST CHESTER, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Industry (business code) | 454110, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Participants, beginning of year | 9,570 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Active participants | 5,820 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Participants, end of year | 9,124 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Participants with an account balance | 8,781 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Total assets, beginning of year | $993,048,708 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Total assets, end of year | $1,110,550,053 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Net assets, end of year | $1,110,548,872 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Total income | $208,529,292 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Net income | $117,764,245 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Employer contributions | $14,594,032 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Participant contributions | $35,118,358 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $3,511,587 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Total contributions | $53,223,977 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Benefit payments | $89,882,404 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $90,765,047 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Total administrative expenses | $709,596 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Administrative expenses excluding investment management | $709,596 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Held in common/collective trusts | $1,011,793,296 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Held in mutual funds | $74,033,995 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015144806NAL0005182929001, received 2025-10-15 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015144806NAL0005182929001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015144806NAL0005182929001, received 2025-10-15.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 33 Securities brokerage; 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 99 Other fees | $737,396 | yes |
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 20251015144806NAL0005182929001, received 2025-10-15.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $993,048,708 | $1,110,550,053 | 11.8% |
| Participants with a balance | 9,234 | 8,781 | -4.9% |
| Administrative expenses | $706,005 | $709,596 | 0.5% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $16,936,558 | $14,594,032 | -13.8% |
Prior filing 20241015174616NAL0049201744001, received 2024-10-15; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: QVC, INC.; SEC registrant: QVC Group, Inc. (CIK 1254699, matched by EIN; display name from the Form 10-K cover).