401(k) · DOL Form 5500 · 2023

Qualifacts Systems, LLC 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
480
Participants Below avg headcount
77th
Percentile by assets National rank
$54,174
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Qualifacts Systems 401(k) Plan · Sponsored by Qualifacts Systems, LLC · Tennessee · Professional & Technical Services

$26M in assets, 480 participants

Qualifacts Systems, LLC's Qualifacts Systems 401(k) Plan reported $26M in total assets and 480 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #15,733 in Professional & Technical Services (20,321 peers)

Coverage in Tennessee

Qualifacts Systems 401(k) Plan covers 480 participants in Tennessee, about 43% of the average Tennessee filer (state average ~1,126 per filing). Assets: $26M.

#15,733
in Professional & Technical Services (20,321 peers)
+36.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Qualifacts Systems 401(k) Plan's outsized position by total assets

Qualifacts Systems 401(k) Plan vs every filed plan by assets

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

$26,003,284 Top 23% higher than 77% 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

Qualifacts Systems 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Qualifacts Systems 401(k) Plan sits mid-pack in the medium band (480 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Qualifacts Systems 401(k) Plan reported net income rose from $218K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Qualifacts Systems 401(k) Plan reported participants rose from 330 in the plan year 2022 filing to 480 in the plan year 2023 filing.
  • Qualifacts Systems 401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $26M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 621820098 · Qualifacts Systems, LLC PY 2023 · 401(k)

Qualifacts Systems 401(k) Plan · $26M · 480 · 77th

  • NET $26M
  • NET 480
  • NET 77th
  • NET 401(k)
  • NET near Ford Audio-Video Systems, LLC 401(k) Retirement Plan
  • NET ind #15733

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 Tennessee →

Qualifacts Systems 401(k) Plan in the asset neighbourhood

Qualifacts Systems 401(k) PlanQualifacts Systems 401(k) Pl…$26MFord Audio-Video Systems, LLC 401(k) Retirement PlanFord Audio-Video Systems, LL…$26MTri-City Electrical Contractors, Inc. Retirement and Savings PlanTri-City Electrical Contract…$26MLake Superior Consulting 401(k) PlanLake Superior Consulting 401…$26MRix Industries 401(k) Profit Sharing PlanRix Industries 401(k) Profit…$26M
End-of-year total assets ($M) among Qualifacts Systems 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$26M
Net Income$7M
Employer EIN621820098
Plan Effective Date2004-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Qualifacts Systems, LLC)

Sponsor-wide plan assets over time

All Qualifacts Systems, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$33M 74.74605368663902% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $19M $33.2M ▲ +74.7%
Year Plans Participants Total Assets
2022 1 330 $19M
2023 1 480 $26M
2024 1 500 $33M

Nearby 401(k) Plans in Tennessee

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

Qualifacts Systems 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Qualifacts Systems 401(k) Plan, Total assets ($B): 0.026003284 · Participants: 480Qualifacts Systems 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Qualifacts Systems 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Qualifacts Systems 401(k) Plan side-by-side with 3 peers →

Qualifacts Systems 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Ford Audio-Video Systems, LLC 401(k) Retirement Plan in OK ($26M); by covered participants it is Bass Thrift / 401(k) Plan and Trust in TX (480 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (480 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 Qualifacts Systems 401(k) Plan assets move in 2023? ▼
Qualifacts Systems 401(k) Plan surged - up 36.9% during 2023, from $19M to $26M. Reported net income was $7M.
How have Qualifacts Systems, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Qualifacts Systems, LLC's sponsor-wide assets grew 74.7%, from $19M to $33M.
Where does Qualifacts Systems 401(k) Plan rank by assets among Form 5500 filers? ▼
Qualifacts Systems 401(k) Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Qualifacts Systems 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ford Audio-Video Systems, LLC 401(k) Retirement Plan in OK ($26M, 324 participants).
Which 401(k) plans cover a similar participant headcount to Qualifacts Systems 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bass Thrift / 401(k) Plan and Trust in TX (480 participants, $97M 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 621820098.

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.