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
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,322 | H, C | 20240920101509NAL0010152592001 |
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
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.
20%80%
Employer 20%Participant 80%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $108,755 | $0 | 2023 |
| Brock | ACCOUNTANT/AUDITOR | $13,704 | not reported in the loaded dataset | 2023 |