401(k) · DOL Form 5500 · 2023

Quality Textile Services, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
46
Participants Small participant base
34th
Percentile by assets National rank
$59,094
Avg per participant Low balance/head
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Official DOL plan name: Quality Textile Services, Inc. 401(k) Plan · Sponsored by Quality Textile Services, Inc. · North Carolina · Other Services

$3M in assets, 46 participants

Quality Textile Services, Inc.'s Quality Textile Services, Inc. 401(k) Plan reported $3M in total assets and 46 participants in its 2023 DOL Form 5500 filing, ranking in the 34th 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.

  • #4,596 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, Quality Textile Services, Inc. 401(k) Plan ranks #4,596 of 7,857 2023 filers by assets (738% of the sector average)-$3M for 46 participants.

#4,596
in Other Services (7,857 peers)
+20.0%
assets growth YoY

Quality Textile Services, Inc. 401(k) Plan's mid-pack asset rank among Other Services and all filers

Quality Textile Services, Inc. 401(k) Plan vs every filed plan by assets

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

$2,718,346 34th percentile higher than 34% 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

Quality Textile Services, 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. Quality Textile Services, Inc. 401(k) Plan is a small filing (46 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Quality Textile Services, Inc. 401(k) Plan reported net income rose from -$415K in the plan year 2022 filing to $454K in the plan year 2023 filing.
  • Quality Textile Services, Inc. 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Quality Textile Services, Inc. 401(k) Plan reported participants fell from 52 in the plan year 2022 filing to 46 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561943802 · Quality Textile Services, Inc. PY 2023 · 401(k)

Quality Textile Services, Inc. 401(k) Plan · $3M · 46 · 34th

  • VS-ST $3M
  • BOY 46
  • SCH 34th
  • EBSA 401(k)
  • PART near A B Cpr and First Aid Training 401(k) Savings
  • TYPE ind #4596

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 Other Services retirement plans → · Plans in North Carolina →

Quality Textile Services, Inc. 401(k) Plan in the asset neighbourhood

Quality Textile Services, Inc. 401(k) PlanQuality Textile Services, In…$3MA B Cpr and First Aid Training 401(k) SavingsA B Cpr and First Aid Traini…$3MBab, Inc. 401(k) Plan$3MKsq Architects, P.C. 401(k) PlanKsq Architects, P.C. 401(k) …$3MElite Corporation 401(k) Profit Sharing PlanElite Corporation 401(k) Pro…$3M
End-of-year total assets ($M) among Quality Textile Services, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$454K
Employer EIN561943802
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quality Textile Services, Inc.)

Sponsor-wide plan assets over time

All Quality Textile Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 32.198816820978045% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M 202220232024 $2.26M $2.99M ▲ +32.3%
Year Plans Participants Total Assets
2022 1 52 $2M
2023 1 46 $3M
2024 1 39 $3M

Nearby 401(k) Plans in North Carolina

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

Quality Textile Services, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Quality Textile Services, Inc. 401(k) Plan, Total assets ($B): 0.002718346 · Participants: 46Quality Textile Services, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Quality Textile Services, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Quality Textile Services, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is A B Cpr and First Aid Training 401(k) Savings in CA ($3M); by covered participants it is Carmel Mountain Preschool, Inc. Ct 401(k) Profit Sharing Plan in CA (46 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (46 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 Quality Textile Services, Inc. 401(k) Plan assets move in 2023? ▼
Quality Textile Services, Inc. 401(k) Plan grew sharply - up 20.0% during 2023, from $2M to $3M. Reported net income was $454K.
How have Quality Textile Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Quality Textile Services, Inc.'s sponsor-wide assets grew 32.2%, from $2M to $3M.
Which 401(k) plans are similar in size to Quality Textile Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is A B Cpr and First Aid Training 401(k) Savings in CA ($3M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Quality Textile Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carmel Mountain Preschool, Inc. Ct 401(k) Profit Sharing Plan in CA (46 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561943802.

Read our methodology - how this data is sourced, computed, and verified.

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