401(k) · DOL Form 5500 · 2023

Quali Tech, LLC 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
153
Participants Small participant base
63rd
Percentile by assets National rank
$81,186
Avg per participant Below avg balance/head
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Official DOL plan name: Quali Tech, LLC 401(k) Profit Sharing Plan · Sponsored by Quali Tech, LLC · Minnesota · Wholesale Trade

$12M in assets, 153 participants

Quali Tech, LLC's Quali Tech, LLC 401(k) Profit Sharing Plan reported $12M in total assets and 153 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #3,556 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Quali Tech, LLC 401(k) Profit Sharing Plan covers 153 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.

#3,556
in Wholesale Trade (6,309 peers)
-21.1%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Quali Tech, LLC 401(k) Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Quali Tech, LLC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$12,421,515 Top 37% higher than 63% 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

Quali Tech, LLC 401(k) Profit Sharing 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. Quali Tech, LLC 401(k) Profit Sharing Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Quali Tech, LLC 401(k) Profit Sharing Plan end-of-year assets fell from $16M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Quali Tech, LLC 401(k) Profit Sharing Plan reported participants rose from 151 in the plan year 2022 filing to 153 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 410912923 · Quali Tech, LLC PY 2023 · 401(k)

Quali Tech, LLC 401(k) Profit Sharing Plan · $12M · 153 · 63rd

  • EBSA $12M
  • EBSA 153
  • EBSA 63rd
  • EBSA 401(k)
  • EBSA near Ubg 401(k) - Midway Co-Op
  • EBSA ind #3556

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Quali Tech, LLC 401(k) Profit Sharing Plan in the asset neighbourhood

Quali Tech, LLC 401(k) Profit Sharing PlanQuali Tech, LLC 401(k) Profi…$12MUbg 401(k) - Midway Co-Op$12MYoung & Associates 401(k) PlanYoung & Associates 401(k) Pl…$12MPbd, Inc. 401(k) Profit Sharing PlanPbd, Inc. 401(k) Profit Shar…$12MTop Rx, LLC Savings and Retirement PlanTop Rx, LLC Savings and Reti…$12M
End-of-year total assets ($M) among Quali Tech, LLC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$12M
Net Income-$3M
Employer EIN410912923
Plan Effective Date1970-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quali Tech, LLC)

Sponsor-wide plan assets over time

All Quali Tech, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 31.279696127993418% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $15.8M $10.8M ▼ -31.2%
Year Plans Participants Total Assets
2022 1 151 $16M
2023 1 153 $12M
2024 1 104 $11M

Nearby 401(k) Plans in Minnesota

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

Quali Tech, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Quali Tech, LLC 401(k) Profit Sharing Plan, Total assets ($B): 0.012421515 · Participants: 153Quali Tech, LLC 401(k) Profit Sharing PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Quali Tech, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Quali Tech, LLC 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Ubg 401(k) - Midway Co-Op in KS ($12M); by covered participants it is Enven Energy Ventures LLC 401(k) Profit Sharing Plan and Trust in TX (153 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Quali Tech, LLC 401(k) Profit Sharing Plan assets move in 2023?
Quali Tech, LLC 401(k) Profit Sharing Plan declined sharply - down 21.1% during 2023, from $16M to $12M. Reported net income was -$3M.
How have Quali Tech, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Quali Tech, LLC's sponsor-wide assets declined 31.3%, from $16M to $11M.
Which 401(k) plans are similar in size to Quali Tech, LLC 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Ubg 401(k) - Midway Co-Op in KS ($12M, 101 participants).
Which 401(k) plans cover a similar participant headcount to Quali Tech, LLC 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Enven Energy Ventures LLC 401(k) Profit Sharing Plan and Trust in TX (153 participants, N/A in assets).