Qa1 Precision Products Inc 401(K) Profit Sharing Plan And T — Form 5500 plan (Qa1 Precision Products 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, Qa1 Precision Products Inc 401(K) Profit Sharing Plan And T is a benefit plan reported by Qa1 Precision Products Inc under EIN 41-1764634 and plan number 001. The latest loaded filing year is 2023. The filing reports 146 participants and $8,778,620 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Qa1 Precision Products Inc
- EIN
- 41-1764634
- Plan number
- 001
- Plan type
- 2
- Location
- Lakeville, MN
- Latest filing year
- 2023
- Participants
- 146
- End-of-year plan assets
- $8,778,620
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 146 | H, C | 20240808051734NAL0002553347001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,778,620
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,778,620
- Net assets (BOY)
- $6,752,147
Income & contributions
- Employer contributions
- $277,160
- Participant contributions
- $595,194
- Total contributions
- $1,255,879
- Total income / additions
- $2,476,432
Expenses & distributions
- Benefits paid
- $448,357
- Administrative expenses
- $1,602
- Total expenses
- $449,959
- Net increase / (decrease)
- $2,026,473
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial | INVESTMENT/FINANCIAL ADVI | $25,207 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $9,517 | $0 | 2023 |