401(k) · DOL Form 5500 · 2022

Qlc 401(k) Profit Sharing Plan and Trust

Data updated 2026-05-15

$1M
Total assets
78
Participants
28th
Percentile by assets
$17,460
Avg per participant

Sponsored by Quality Life Concepts, Inc. · Montana · Healthcare & Social Assistance

What the 2022 filing shows

Qlc 401(k) Profit Sharing Plan and Trust holds $1M for 78 participants - about $17,460 per participant, in the lower half of filed plans by assets, down 9.8% over the 2022 plan year.

$1M
total plan assets (2022 EOY)
78
covered participants
28th
percentile by assets (of 139,258 plans)
$17,460
avg assets per participant

The plan reported a net loss of $147K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Healthcare & Social Assistance

401(k) · DOL Form 5500 · 2022

What the Filing Says About Qlc 401(k) Profit Sharing Plan and Trust

Qlc 401(k) Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by Quality Life Concepts, Inc., headquartered in Montana. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $1M in total end-of-year assets and covers 78 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 810366158, and the plan has been effective since 1998-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets pulled back noticeably from $2M at the beginning of 2022 to $1M at year-end - down 9.8%. Net assets (after liabilities) closed the year at $1M, with reported net income of -$147K 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.

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.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Qlc 401(k) Profit Sharing Plan and Trust against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$2M
Total Assets (End of Year)$1M
Net Assets (End of Year)$1M
Net Income-$147K
Plan Type401(k)
Employer EIN810366158
Plan Effective Date1998-11-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Montana

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

Frequently Asked Questions

How much money is in the Qlc 401(k) Profit Sharing Plan and Trust?
As of the 2022 Form 5500 filing, Qlc 401(k) Profit Sharing Plan and Trust holds $1M in total assets with 78 participants. It is sponsored by Quality Life Concepts, Inc..
What type of plan is Qlc 401(k) Profit Sharing Plan and Trust?
Qlc 401(k) Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 1998-11-01. The plan is filed with the U.S. Department of Labor under EIN 810366158.
Who sponsors the Qlc 401(k) Profit Sharing Plan and Trust?
Qlc 401(k) Profit Sharing Plan and Trust is sponsored by Quality Life Concepts, Inc., located in Montana. The sponsor's EIN is 810366158 and the plan operates in the Healthcare & Social Assistance industry.
How did Qlc 401(k) Profit Sharing Plan and Trust perform in 2022?
Qlc 401(k) Profit Sharing Plan and Trust pulled back noticeably - down 9.8% during 2022, moving from $2M to $1M in total assets. Net income was -$147K.

What this filing means

Ways to act on Qlc 401(k) Profit Sharing Plan and Trust's numbers.

  • By total assets, Qlc 401(k) Profit Sharing Plan and Trust ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Montana. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 810366158.

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

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.