401(k) · DOL Form 5500 · 2022

Quality Restaurant Group 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
2,478
Participants Above avg headcount
38th
Percentile by assets National rank
$1,031
Avg per participant Low balance/head
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Official DOL plan name: Quality Restaurant Group 401(k) Plan · Sponsored by Quality Restaurant Group · North Carolina · Food Services & Accommodation

$3M in assets, 2,478 participants

Quality Restaurant Group's Quality Restaurant Group 401(k) Plan reported $3M in total assets and 2,478 participants in its 2022 DOL Form 5500 filing, ranking in the 38th 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.

  • #3,353 in Food Services & Accommodation (4,592 peers)

Coverage in North Carolina

Quality Restaurant Group 401(k) Plan covers 2,478 participants in North Carolina, 3.0x the typical North Carolina plan (state average ~819 per filing). Assets: $3M.

#3,353
in Food Services & Accommodation (4,592 peers)
-14.2%
assets change YoY

The plan reported a net loss of $424K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Quality Restaurant Group 401(k) Plan's mid-pack asset rank among Food Services & Accommodation and all filers

Quality Restaurant Group 401(k) Plan vs every filed plan by assets

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

$2,555,296 38th percentile higher than 38% 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 Restaurant Group 401(k) 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. Quality Restaurant Group 401(k) Plan lands in the large band (2,478 participants).

Plan-year Form 5500 strip

Filing strip 822429645 · Quality Restaurant Group PY 2022 · 401(k)

Quality Restaurant Group 401(k) Plan · $3M · 2,478 · 38th

  • NET $3M
  • NET 2,478
  • NET 38th
  • NET 401(k)
  • NET near Ripley Heatwole Company, Inc. 401(k) Plan
  • NET ind #3353

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 Food Services & Accommodation retirement plans → · Plans in North Carolina →

Quality Restaurant Group 401(k) Plan in the asset neighbourhood

Quality Restaurant Group 401(k) PlanQuality Restaurant Group 401…$3MRipley Heatwole Company, Inc. 401(k) PlanRipley Heatwole Company, Inc…$3MTasty Hut, LLC 401(k) Plan$3MXencare, Inc. Dba Fresno Guest Home 401(k) Profit Sharing PlanXencare, Inc. Dba Fresno Gue…$3MSturdevant Refrigeration 401(k) PlanSturdevant Refrigeration 401…$3M
End-of-year total assets ($M) among Quality Restaurant Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$424K
Employer EIN822429645
Plan Effective Date2018-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Quality Restaurant Group)

Sponsor-wide plan assets over time

All Quality Restaurant Group plans reported in each filing year

Latest sponsor-wide plan assets
$4M 51.07686154559003% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M$4M 202220232024 $2.56M $3.86M ▲ +50.8%
Year Plans Participants Total Assets
2022 1 2,478 $3M
2023 1 5,922 $3M
2024 1 3,333 $4M

Nearby 401(k) Plans in North Carolina

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

Quality Restaurant Group 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Quality Restaurant Group 401(k) Plan, Total assets ($B): 0.002555296 · Participants: 2478Quality Restaurant Group 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 Restaurant Group 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Quality Restaurant Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Ripley Heatwole Company, Inc. 401(k) Plan in VA ($3M); by covered participants it is Bear Mountain 401(k) Plan in CT (2,479 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,478 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 Restaurant Group 401(k) Plan assets move in 2022?
Quality Restaurant Group 401(k) Plan pulled back noticeably - down 14.2% during 2022, from $3M to $3M. Reported net income was -$424K.
How have Quality Restaurant Group plan assets changed over time?
Across 3 plan years on file (2022-2024), Quality Restaurant Group's sponsor-wide assets grew 51.1%, from $3M to $4M.
Which 401(k) plans are similar in size to Quality Restaurant Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ripley Heatwole Company, Inc. 401(k) Plan in VA ($3M, 116 participants).
Which 401(k) plans cover a similar participant headcount to Quality Restaurant Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bear Mountain 401(k) Plan in CT (2,479 participants, $3M in assets).