401(k)
2022 plan-year 401(k) DOL Form 5500

QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

QUALITY IMPLEMENT COMPANY

This 401(k) plan holds $3M in total assets and serves 136 participants as of 2022. It is sponsored by QUALITY IMPLEMENT COMPANY in Texas. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$3M
Participants
136
State
Industry
Retail Trade

What the Filing Says About QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN

QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN is a 401(k) retirement plan sponsored by QUALITY IMPLEMENT COMPANY, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 136 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 751672140, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $3M at year-end — a decline of 57.1%. Net assets (after liabilities) closed the year at $3M, with reported net income of $-3,993,440 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$7M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$-3,993,440
Plan Type401(k)
Employer EIN751672140
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (QUALITY IMPLEMENT COMPANY)

Year Plans Participants Total Assets
2022 1 136 $3M
2023 1 N/A $813K

Nearby 401(k) Plans in Texas

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Frequently Asked Questions

How much money is in the QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN?
As of the 2022 Form 5500 filing, QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN holds $3M in total assets with 136 participants. It is sponsored by QUALITY IMPLEMENT COMPANY.
What type of plan is QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN?
QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN is a 401(k) plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 751672140.
Who sponsors the QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN?
QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN is sponsored by QUALITY IMPLEMENT COMPANY, located in Texas. The sponsor's EIN is 751672140 and the plan operates in the Retail Trade industry.
How did QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN perform in 2022?
QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN declined by 57.1% during 2022, moving from $7M to $3M in total assets. Net income was $-3,993,440.
Where can I find official filings for QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 751672140 or plan name at efast.dol.gov.
How does QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN compare to other plans?
You can compare QUALITY IMPLEMENT CO. RETIREMENT SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 751672140.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.