Qnnect 401(K) Plan — Form 5500 plan (Qnnect, 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, Qnnect 401(K) Plan is a benefit plan reported by Qnnect, LLC under EIN 88-1581438 and plan number 001. The latest loaded filing year is 2023. The filing reports 225 participants and $43,310,056 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Qnnect, LLC
- EIN
- 88-1581438
- Plan number
- 001
- Plan type
- 2
- Location
- Painesville, OH
- Latest filing year
- 2023
- Participants
- 225
- End-of-year plan assets
- $43,310,056
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 225 | I | 20241217110106NAL0001490707001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $43,310,056
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $43,310,056
- Net assets (BOY)
- $7,673,320
Income & contributions
- Employer contributions
- $1,443,397
- Participant contributions
- $2,740,619
- Total income / additions
- $7,034,587
Expenses & distributions
- Benefits paid
- $4,584,746
- Administrative expenses
- $27,418
- Total expenses
- $4,615,160
- Net increase / (decrease)
- $2,419,427
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.