401(k) · DOL Form 5500 · 2023

Qwaltec, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
56
Participants Small participant base
58th
Percentile by assets National rank
$174,728
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Qwaltec, Inc. 401(k) Plan · Sponsored by Qwaltec, Inc. · Arizona · Professional & Technical Services

$10M in assets, 56 participants

Qwaltec, Inc.'s Qwaltec, Inc. 401(k) Plan reported $10M in total assets and 56 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #11,501 in Professional & Technical Services (20,321 peers)

Qwaltec, Inc. multi-year trail

Qwaltec, Inc.'s plans moved +25.2% in assets from 2022 to 2024; this filing shows Qwaltec, Inc. 401(k) Plan at $10M / 56 participants.

#11,501
in Professional & Technical Services (20,321 peers)
+13.2%
assets growth YoY

Qwaltec, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Qwaltec, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,784,749 Top 42% higher than 58% of 127,068 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 2023

Qwaltec, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Qwaltec, Inc. 401(k) Plan is a small filing (56 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Qwaltec, Inc. 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Qwaltec, Inc. 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Qwaltec, Inc. 401(k) Plan reported participants fell from 61 in the plan year 2022 filing to 56 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 861027668 · Qwaltec, Inc. PY 2023 · 401(k)

Qwaltec, Inc. 401(k) Plan · $10M · 56 · 58th

  • SCH $10M
  • EBSA 56
  • PART 58th
  • TYPE 401(k)
  • NET near Sprinter Services, Inc 401(k) Plan
  • BOOK ind #11501

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 Professional & Technical Services retirement plans → · Plans in Arizona →

Qwaltec, Inc. 401(k) Plan in the asset neighbourhood

Sprinter Services, Inc 401(k) PlanSprinter Services, Inc 401(k…$10MThe Levy Group, Inc. 401(k) PlanThe Levy Group, Inc. 401(k) …$10MWireline Group 401(k) Plan$10MQwaltec, Inc. 401(k) Plan$10MAssociated Grocers of the South 401(k) Profit Sharing PlanAssociated Grocers of the So…$10M
End-of-year total assets ($M) among Qwaltec, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Qwaltec, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Qwaltec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 25.17926338488181% vs 2022
2024 filing year
$8M$9M$10M$11M$12M 202220232024 $8.65M $10.8M ▲ +25.1%
Year Plans Participants Total Assets
2022 1 61 $9M
2023 1 56 $10M
2024 1 52 $11M

Qwaltec, Inc. filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN861027668
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Arizona

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

Qwaltec, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Qwaltec, Inc. 401(k) Plan, Total assets ($B): 0.009784749 · Participants: 56Qwaltec, Inc. 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Qwaltec, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Qwaltec, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Sprinter Services, Inc 401(k) Plan in MI ($10M); by covered participants it is Specialty Steak Service Retirement Plan in PA (56 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (56 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Qwaltec, Inc. 401(k) Plan assets move in 2023?
Qwaltec, Inc. 401(k) Plan grew at a solid clip - up 13.2% during 2023, from $9M to $10M. Reported net income was $1M.
How have Qwaltec, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Qwaltec, Inc.'s sponsor-wide assets grew 25.2%, from $9M to $11M.
Which 401(k) plans are similar in size to Qwaltec, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sprinter Services, Inc 401(k) Plan in MI ($10M, 271 participants).
Which 401(k) plans cover a similar participant headcount to Qwaltec, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Specialty Steak Service Retirement Plan in PA (56 participants, N/A in assets).