401(k) · DOL Form 5500 · 2022

On Q Financial, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
387
Participants Below avg headcount
70th
Percentile by assets National rank
$33,315
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: On Q Financial 401(k) Plan · Sponsored by On Q Financial, Inc. · Arizona · Finance & Insurance

$13M in assets, 387 participants

On Q Financial, Inc.'s On Q Financial 401(k) Plan reported $13M in total assets and 387 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,990 in Finance & Insurance (9,261 peers)

On Q Financial, Inc. multi-year trail

On Q Financial, Inc.'s plans moved -74.9% in assets from 2022 to 2024; this filing shows On Q Financial 401(k) Plan at $13M / 387 participants.

#4,990
in Finance & Insurance (9,261 peers)
-16.2%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

On Q Financial 401(k) Plan's outsized position by total assets

On Q Financial 401(k) Plan vs every filed plan by assets

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

$12,892,794 Top 30% higher than 70% 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

On Q Financial 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. On Q Financial 401(k) Plan sits mid-pack in the medium band (387 participants).

Form 5500 schedule snapshot

Filing strip 510517525 · On Q Financial, Inc. PY 2022 · 401(k)

On Q Financial 401(k) Plan · $13M · 387 · 70th

  • RANK $13M
  • RANK 387
  • RANK 70th
  • RANK 401(k)
  • RANK near Extech Building Materials, Inc. 401(k) Plan
  • RANK ind #4990

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 Finance & Insurance retirement plans → · Plans in Arizona →

On Q Financial 401(k) Plan in the asset neighbourhood

On Q Financial 401(k) Plan$13MExtech Building Materials, Inc. 401(k) PlanExtech Building Materials, I…$13MVroom 401(k) Plan$13MDimensional Innovations, Inc. 401(k) PlanDimensional Innovations, Inc…$13MRedwood Dental Group 401(k) Profit Sharing Plan and TrustRedwood Dental Group 401(k) …$13M
End-of-year total assets ($M) among On Q Financial 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

On Q Financial, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All On Q Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 74.8653627755163% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $12.9M $3.24M ▼ -74.9%
Year Plans Participants Total Assets
2022 1 387 $13M
2023 1 308 $13M
2024 1 195 $3M

On Q Financial, Inc. filing trail (2022)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income-$2M
Employer EIN510517525
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Arizona

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

On Q Financial 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -101234 Total assets ($B) Participants On Q Financial 401(k) Plan, Total assets ($B): 0.012892794 · Participants: 387On Q Financial 401(k) PlanBanner Health Employees 401(k) Plan, Total assets ($B): 3.566847679 · Participants: 50602Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 1.923226111 · Participants: 12362Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 1.806929859 · Participants: 28320Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 1.682454193 · Participants: 8764Stantec 401(k) PlanReliance Steel & Aluminum Co. Master 401(k) Plan, Total assets ($B): 1.33677823 · Participants: 9895Reliance Steel & Aluminum Co. Master 401(k) Plan
On Q Financial 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

On Q Financial 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Extech Building Materials, Inc. 401(k) Plan in NJ ($13M); by covered participants it is Arena Event Services Savings Plan in WI (387 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (387 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 On Q Financial 401(k) Plan assets move in 2022?
On Q Financial 401(k) Plan declined sharply - down 16.2% during 2022, from $15M to $13M. Reported net income was -$2M.
How have On Q Financial, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), On Q Financial, Inc.'s sponsor-wide assets declined 74.9%, from $13M to $3M.
Which 401(k) plans are similar in size to On Q Financial 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Extech Building Materials, Inc. 401(k) Plan in NJ ($13M, 145 participants).
Which 401(k) plans cover a similar participant headcount to On Q Financial 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Arena Event Services Savings Plan in WI (387 participants, $5M in assets).