Quality Dealerships 401(K) Profit Sharing Plan — Form 5500 plan (Quality Dealerships)
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, Quality Dealerships 401(K) Profit Sharing Plan is a benefit plan reported by Quality Dealerships under EIN 27-1516350 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $9,922,760 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Quality Dealerships
- EIN
- 27-1516350
- Plan number
- 001
- Plan type
- 2
- Location
- Albuquerque, NM
- Latest filing year
- 2023
- Participants
- 157
- End-of-year plan assets
- $9,922,760
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 157 | H, C | 20240528114609NAL0021609874001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,922,760
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,922,760
- Net assets (BOY)
- $8,212,598
Income & contributions
- Employer contributions
- $77,103
- Participant contributions
- $619,423
- Total contributions
- $696,526
- Total income / additions
- $2,058,277
Expenses & distributions
- Benefits paid
- $282,300
- Administrative expenses
- $64,771
- Total expenses
- $348,115
- Net increase / (decrease)
- $1,710,162
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $64,771 | $0 | 2023 |
| First Heartland Consultants, Inc. | INVESTMENT ADVISORY | $0 | $34,775 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Quality Dealerships
- 2023 Form 5500 filing
- Form 5500 filings in NM
- 401(k) and benefit plan filings in Albuquerque, NM
- Principal Life Insurance Company — Schedule C compensation
- First Heartland Consultants, Inc. — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation