Plan5500

Quantum Corporation Employee Savings And Investment Plan — Form 5500 plan (Quantum Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Quantum Corporation Employee Savings And Investment Plan is a benefit plan reported by Quantum Corporation under EIN 94-2665054 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,322 participants and $255,364,637 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$255.4MPlan net assets, end of year$255,364,637
Participants1.3KCovered participants reported1,322
Assets / participant$193.2KComputed: assets ÷ participants$193,165 (computed)
Provider compensation$122.5K2 Schedule C provider row(s)$122,459
Plan sponsor
Quantum Corporation
EIN
94-2665054
Plan number
001
Plan type
2
Location
San Jose, CA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    1,322 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$255.4M total assets
Net assets$255.4MLiabilities$0
Money in vs. money out
Total income / additions$55.7M
Total expenses$27.8M
Benefits paid / distributions$27.7M
Contributions
Employer$1.6M
Participant$6.5M
Full reported line items

Net assets

Total assets (EOY)
$255,364,637
Total liabilities (EOY)
$0
Net assets (EOY)
$255,364,637
Net assets (BOY)
$227,530,809

Income & contributions

Employer contributions
$1,590,545
Participant contributions
$6,459,709
Total contributions
$9,178,006
Total income / additions
$55,681,552

Expenses & distributions

Benefits paid
$27,721,941
Administrative expenses
$125,783
Total expenses
$27,847,724
Net increase / (decrease)
$27,833,828
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 20%Participant 80%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Fidelity Investments Institutional$108.8K
    RECORDKEEPER · Direct $108.8K · Indirect $0
  2. 2
    Brock$13.7K
    ACCOUNTANT/AUDITOR · Direct $13.7K

Related Form 5500 pages