401(k) · DOL Form 5500 · 2022

Quality Equipment, LLC 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
556
Participants Below avg headcount
81st
Percentile by assets National rank
$46,029
Avg per participant Low balance/head
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Official DOL plan name: Quality Equipment, LLC 401(k) Plan · Sponsored by Quality Equipment, LLC · North Carolina · Retail Trade

$26M in assets, 556 participants

Quality Equipment, LLC's Quality Equipment, LLC 401(k) Plan reported $26M in total assets and 556 participants in its 2022 DOL Form 5500 filing, ranking in the 81st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,473 in Retail Trade (9,519 peers)

Where Quality Equipment, LLC 401(k) Plan sits by assets

Quality Equipment, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $26M for 556 participants (~$46,029/participant), down 11.0% in 2022.

#8,473
in Retail Trade (9,519 peers)
-11.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Quality Equipment, LLC 401(k) Plan's outsized position by total assets

Quality Equipment, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$25,592,239 Top 19% higher than 81% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Quality Equipment, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Quality Equipment, LLC 401(k) Plan sits mid-pack in the medium band (556 participants).

Form 5500 schedule snapshot

Filing strip 831687901 · Quality Equipment, LLC PY 2022 · 401(k)

Quality Equipment, LLC 401(k) Plan · $26M · 556 · 81st

  • IND $26M
  • IND 556
  • IND 81st
  • IND 401(k)
  • IND near Dixon Ticonderoga Company Union Employees Retirement Plan #2
  • IND ind #8473

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in North Carolina →

Quality Equipment, LLC 401(k) Plan in the asset neighbourhood

Ntt Global Data Centers Americas, Inc. 401(k) PlanNtt Global Data Centers Amer…$26MProject Employee 401(k) Retirement PlanProject Employee 401(k) Reti…$26MUnited Farmers Cooperative 401(k) PlanUnited Farmers Cooperative 4…$26MQuality Equipment, LLC 401(k) PlanQuality Equipment, LLC 401(k…$26MDixon Ticonderoga Company Union Employees Retirement Plan #2Dixon Ticonderoga Company Un…$26M
End-of-year total assets ($M) among Quality Equipment, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$26M
Net Income-$3M
Employer EIN831687901
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quality Equipment, LLC)

Sponsor-wide plan assets over time

All Quality Equipment, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$39M 53.88514854053996% vs 2022
2024 filing year
$20M$25M$30M$35M$40M$45M 202220232024 $25.6M $39.4M ▲ +53.9%
Year Plans Participants Total Assets
2022 1 556 $26M
2023 1 665 $34M
2024 1 688 $39M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Quality Equipment, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Quality Equipment, LLC 401(k) Plan, Total assets ($B): 0.025592239 · Participants: 556Quality Equipment, LLC 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Quality Equipment, LLC 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Quality Equipment, LLC 401(k) Plan side-by-side with 3 peers →

Quality Equipment, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Dixon Ticonderoga Company Union Employees Retirement Plan #2 in WI ($26M); by covered participants it is The 401(k) Plan for Certain Hcsc Subsidiaries in PA (556 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (556 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Quality Equipment, LLC 401(k) Plan assets move in 2022? ▼
Quality Equipment, LLC 401(k) Plan pulled back noticeably - down 11.0% during 2022, from $29M to $26M. Reported net income was -$3M.
How have Quality Equipment, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Quality Equipment, LLC's sponsor-wide assets grew 53.9%, from $26M to $39M.
Where does Quality Equipment, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Quality Equipment, LLC 401(k) Plan ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Quality Equipment, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dixon Ticonderoga Company Union Employees Retirement Plan #2 in WI ($26M, 254 participants).
Which 401(k) plans cover a similar participant headcount to Quality Equipment, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The 401(k) Plan for Certain Hcsc Subsidiaries in PA (556 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 831687901.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.