ESOP · DOL Form 5500 · 2023

Total Quality Systems, Inc. ESOP

Data updated 2026-08-25

$99K
Total assets Small plan by assets
18
Participants Small participant base
6th
Percentile by assets National rank
$5,497
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Total Quality Systems, Inc. ESOP · Sponsored by Total Quality Systems, Inc. · Utah · Professional & Technical Services

$99K in assets, 18 participants

Total Quality Systems, Inc.'s Total Quality Systems, Inc. ESOP reported $99K in total assets and 18 participants in its 2023 DOL Form 5500 filing, ranking in the 6th 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.

  • #1,098 in Professional & Technical Services (20,321 peers)

Total Quality Systems, Inc. multi-year trail

Total Quality Systems, Inc.'s plans moved -98.8% in assets from 2022 to 2024; this filing shows Total Quality Systems, Inc. ESOP at $99K / 18 participants.

#1,098
in Professional & Technical Services (20,321 peers)
-63.0%
assets change YoY

The plan reported a net loss of $165K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Quality Systems, Inc. ESOP among the smaller filed plans by assets

Total Quality Systems, Inc. ESOP vs every filed plan by assets

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

$98,946 6th percentile higher than 6% 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

Total Quality Systems, Inc. ESOP among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Total Quality Systems, Inc. ESOP is a small filing (18 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Total Quality Systems, Inc. ESOP end-of-year assets fell from $268K in the plan year 2022 filing to $99K in the plan year 2023 filing.
  • Total Quality Systems, Inc. ESOP reported net income rose from -$405K in the plan year 2022 filing to -$165K in the plan year 2023 filing.
  • Total Quality Systems, Inc. ESOP reported participants fell from 23 in the plan year 2022 filing to 18 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 870554525 · Total Quality Systems, Inc. PY 2023 · ESOP

Total Quality Systems, Inc. ESOP · $99K · 18 · 6th

  • PHOTO $99K
  • IND 18
  • EOY 6th
  • 5500 ESOP
  • ASSETS near Home Science Tools Employee Stock Ownership Plan
  • PCT ind #1098

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 What is an ESOP? → · Plans in Utah →

Total Quality Systems, Inc. ESOP in the asset neighbourhood

Total Quality Systems, Inc. ESOPTotal Quality Systems, Inc. …$99KHome Science Tools Employee Stock Ownership PlanHome Science Tools Employee …$100KHam Broadcasting Company, Inc. Employee Stock Ownership PlanHam Broadcasting Company, In…$100KBedrock Engineering, Inc. Employee Stock Ownership PlanBedrock Engineering, Inc. Em…$100KMelton's Auto Body Holdings, Inc. Employee Stock Ownership PlanMelton's Auto Body Holdings,…$100K
End-of-year total assets ($M) among Total Quality Systems, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Total Quality Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Total Quality Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3K 98.77799874398157% vs 2022
2024 filing year
$0M$0.1M$0.2M$0.3M 202220232024 $0.27M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 23 $268K
2023 1 18 $99K
2024 2 N/A $3K

Total Quality Systems, Inc. filing trail (2023)

Total Assets (Beginning of Year)$268K
Net Assets (End of Year)$93K
Net Income-$165K
Employer EIN870554525
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Utah

Peer ESOP plans, same state, same plan type, ranked by total assets.

Total Quality Systems, Inc. ESOP vs. nearby ESOP plans in Utah, assets vs. participants Scatter plot of 6 data points. -2000200400600800 -50050100150 Total assets ($M) Participants Total Quality Systems, Inc. ESOP, Total assets ($M): 0.098946 · Participants: 18Total Quality Systems, Inc. ESOPWhitaker Construction Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 121.038272 · Participants: 697Whitaker Construction Co., Inc. Employee Stock Ownership PlanJacobsen Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.243432 · Participants: 531Jacobsen Construction Company, Inc. Employee Stock Ownership PlanRocky Mountain Atv, Inc. Employee Stock Ownership Plan, Total assets ($M): 104.049142 · Participants: 501Rocky Mountain Atv, Inc. Employee Stock Ownership PlanFj Management Inc. Employee Stock Ownership Plan, Total assets ($M): 102.977078 · Participants: 30Fj Management Inc. Employee Stock Ownership PlanCentral Milling Employee Stock Ownership Plan and Trust, Total assets ($M): 45.365384 · Participants: 111Central Milling Employee Stock Ownership Plan and Trust
Total Quality Systems, Inc. ESOP vs. nearby ESOP plans in Utah, assets vs. participants

Total Quality Systems, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside Utah, the nearest ESOP by assets is Home Science Tools Employee Stock Ownership Plan in MT ($100K); by covered participants it is Endpoint Solutions Corp. Employee Stock Ownership Plan in WI (18 participants). Same-state nearby plans are listed separately above.

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 Total Quality Systems, Inc. ESOP assets move in 2023?
Total Quality Systems, Inc. ESOP contracted severely - down 63.0% during 2023, from $268K to $99K. Reported net income was -$165K.
How have Total Quality Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Total Quality Systems, Inc.'s sponsor-wide assets declined 98.8%, from $268K to $3K.
Where does Total Quality Systems, Inc. ESOP rank by assets among Form 5500 filers?
Total Quality Systems, Inc. ESOP ranks in the 6th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Total Quality Systems, Inc. ESOP?
Among ESOP plans in other states, the closest by assets is Home Science Tools Employee Stock Ownership Plan in MT ($100K, 32 participants).
Which ESOP plans cover a similar participant headcount to Total Quality Systems, Inc. ESOP?
Among ESOP plans in other states, the closest by covered participants is Endpoint Solutions Corp. Employee Stock Ownership Plan in WI (18 participants, $1M in assets).