Qualus 401(K) Plan — Form 5500 plan (Qualus Corp)

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, Qualus 401(K) Plan is a benefit plan reported by Qualus Corp under EIN 47-3819128 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,042 participants and $73,536,258 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Qualus Corp
EIN
47-3819128
Plan number
002
Plan type
2
Location
Lake Mary, FL
Latest filing year
2023
Participants
1,042
End-of-year plan assets
$73,536,258

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,042H, C20241011100039NAL0043252706001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$73,536,258
Total liabilities (EOY)
$0
Net assets (EOY)
$73,536,258
Net assets (BOY)
$60,548,443

Income & contributions

Employer contributions
$3,355,062
Participant contributions
$7,599,588
Total contributions
$12,952,041
Total income / additions
$24,083,983

Expenses & distributions

Benefits paid
$10,664,428
Administrative expenses
$340,805
Total expenses
$11,096,168
Net increase / (decrease)
$12,987,815

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$189,418$02023
Empower Advisory Group, LLCINVESTMENT MGMT$69,976not reported in the loaded dataset2023
Ifp Advisors Inc Dba Independent FiINVESTMENT ADVISOR$64,401not reported in the loaded dataset2023
Clifton Larson Allen Wealth AdvisorAUDITOR$13,529not reported in the loaded dataset2023
Power Grid Engineering LLCOTHER$3,481not reported in the loaded dataset2023

Related Form 5500 pages