401(k) · DOL Form 5500 · 2022

First Quality Enterprises Inc. 401(k) Plan

Data updated 2026-08-25

$357M
Total assets Above avg plan size
3,971
Participants Above avg headcount
97th
Percentile by assets National rank
$89,801
Avg per participant Below avg balance/head
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Official DOL plan name: First Quality Savings and Investment Plan · Sponsored by First Quality Enterprises Inc. · New York · Manufacturing

$357M in assets, 3,971 participants

First Quality Enterprises Inc.'s First Quality Savings and Investment Plan reported $357M in total assets and 3,971 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #19,654 in Manufacturing (20,602 peers)

Coverage in New York

First Quality Savings and Investment Plan covers 3,971 participants in New York, 5.0x the typical New York plan (state average ~798 per filing). Assets: $357M.

#19,654
in Manufacturing (20,602 peers)
-15.4%
assets change YoY
3.6×
vs typical plan assets (national mean)

The plan reported a net loss of $65M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Quality Savings and Investment Plan's outsized position by total assets

First Quality Savings and Investment Plan vs every filed plan by assets

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

$356,600,227 Top 3% higher than 97% 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

First Quality Savings and Investment Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Quality Savings and Investment Plan lands in the large band (3,971 participants).

DOL schedule card

Filing strip 232744573 · First Quality Enterprises Inc. PY 2022 · 401(k)

First Quality Savings and Investment Plan · $357M · 3,971 · 97th

  • PART $357M
  • TYPE 3,971
  • NET 97th
  • BOOK 401(k)
  • VS-ST near Cooperative Savings Plan
  • BOY ind #19654

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 Manufacturing retirement plans → · Plans in New York →

First Quality Savings and Investment Plan in the asset neighbourhood

Employee Savings Plan for Graham PackaginEmployee Savings Plan for Gr…$357MCwt 401(k) Plan$357MCooperative Savings Plan$357MFirst Quality Savings and Investment PlanFirst Quality Savings and In…$357MNational Veterinary Associates, Inc. 401(k) PlanNational Veterinary Associat…$356M
End-of-year total assets ($M) among First Quality Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$422M
Net Assets (End of Year)$357M
Net Income-$65M
Employer EIN232744573
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Quality Enterprises Inc.)

Sponsor-wide plan assets over time

All First Quality Enterprises Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$466M 30.68701748190418% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $357M $466M ▲ +30.7%
Year Plans Participants Total Assets
2022 1 3,971 $357M
2023 1 4,213 $404M
2024 1 4,235 $466M

Nearby 401(k) Plans in New York

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

First Quality Savings and Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants First Quality Savings and Investment Plan, Total assets ($B): 0.356600227 · Participants: 3971First Quality Savings and Investment PlanIBM 401 (K) Plus Plan, Total assets ($B): 53.363875208 · Participants: 56376IBM 401 (K) Plus PlanMorgan Stanley 401(k) Plan, Total assets ($B): 16.415517176 · Participants: 42924Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 12.067222 · Participants: 129846The Pepsico Savings PlanDeloitte 401(k) Plan, Total assets ($B): 10.966899716 · Participants: 74687Deloitte 401(k) PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 9.681988279 · Participants: 22650The Goldman Sachs 401(k) Plan
First Quality Savings and Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare First Quality Savings and Investment Plan side-by-side with 3 peers →

First Quality Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Cooperative Savings Plan in IN ($357M); by covered participants it is Lyft 401(k) Plan in CA (3,970 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($357M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,971 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 First Quality Savings and Investment Plan assets move in 2022? ▼
First Quality Savings and Investment Plan declined sharply - down 15.4% during 2022, from $422M to $357M. Reported net income was -$65M.
How have First Quality Enterprises Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Quality Enterprises Inc.'s sponsor-wide assets grew 30.7%, from $357M to $466M.
Where does First Quality Savings and Investment Plan rank by assets among Form 5500 filers? ▼
First Quality Savings and Investment Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to First Quality Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cooperative Savings Plan in IN ($357M, 4,218 participants).
Which 401(k) plans cover a similar participant headcount to First Quality Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lyft 401(k) Plan in CA (3,970 participants, $265M 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 232744573.

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.