Quality Forklift Sales And Service, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Quality Forklift Sales And Service, Inc.)

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 Forklift Sales And Service, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Quality Forklift Sales And Service, Inc. under EIN 41-1644916 and plan number 001. The latest loaded filing year is 2023. The filing reports 143 participants and $7,891,447 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Quality Forklift Sales And Service, Inc.
EIN
41-1644916
Plan number
001
Plan type
2
Location
Shakopee, MN
Latest filing year
2023
Participants
143
End-of-year plan assets
$7,891,447

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023143H, C20240923162516NAL0006780819001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,891,447
Total liabilities (EOY)
$0
Net assets (EOY)
$7,891,447
Net assets (BOY)
$6,798,069

Income & contributions

Employer contributions
$0
Participant contributions
$609,415
Total contributions
$609,415
Total income / additions
$1,797,350

Expenses & distributions

Benefits paid
$687,403
Administrative expenses
$12,247
Total expenses
$703,972
Net increase / (decrease)
$1,093,378

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Park Avenue Securities LLCBROKER/ADVISO R$0$17,2802023
Tsc 401kCONTRACT ADMINISTRATOR$8,972not reported in the loaded dataset2023

Related Form 5500 pages