Plan5500

Quality Equipment, LLC 401(K) Plan — Form 5500 plan (Quality Equipment, LLC)

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 Equipment, LLC 401(K) Plan is a benefit plan reported by Quality Equipment, LLC under EIN 83-1687901 and plan number 001. The latest loaded filing year is 2023. The filing reports 834 participants and $33,870,929 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Quality Equipment, LLC
EIN
83-1687901
Plan number
001
Plan type
2
Location
Fuquay-Varina, NC
Latest filing year
2023
Participants
834
End-of-year plan assets
$33,870,929

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023834H, C20240807122304NAL0003522193001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,870,929
Total liabilities (EOY)
$0
Net assets (EOY)
$33,870,929
Net assets (BOY)
$25,592,239

Income & contributions

Employer contributions
$1,111,649
Participant contributions
$2,501,088
Total contributions
$5,658,368
Total income / additions
$10,374,126

Expenses & distributions

Benefits paid
$1,944,039
Administrative expenses
$106,441
Total expenses
$2,095,436
Net increase / (decrease)
$8,278,690

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$106,441$02023
Truist Advisory Services IncSERVICE PROVIDER$0$59,9582023

Related Form 5500 pages