2023 Form 5500 filing — Qualus 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011100039NAL0043252706001) for Qualus 401(K) Plan, reported by Qualus Corp under EIN 47-3819128 and plan number 002. It reports 1,042 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011100039NAL0043252706001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Qualus Corp
- EIN
- 47-3819128
- Plan number
- 002
- Location
- Lake Mary, FL
- Participants
- 1,042
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $73,536,258
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $73,536,258
- Employer contributions
- $3,355,062
- Participant contributions
- $7,599,588
- Total income / additions
- $24,083,983
- Benefits paid
- $10,664,428
- Administrative expenses
- $340,805
- Total expenses
- $11,096,168
- Net increase / (decrease)
- $12,987,815
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $189,418 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $69,976 | not reported in the loaded dataset |
| Ifp Advisors Inc Dba Independent Fi | INVESTMENT ADVISOR | $64,401 | not reported in the loaded dataset |
| Clifton Larson Allen Wealth Advisor | AUDITOR | $13,529 | not reported in the loaded dataset |
| Power Grid Engineering LLC | OTHER | $3,481 | not reported in the loaded dataset |