401(k) · DOL Form 5500 · 2023

First Quality Enterprises Inc. 401(k) Plan

Data updated 2026-08-11

$404M
Total assets: 4,213
Participants: 97th
Percentile by assets: $95,970
Avg per participant

Official DOL plan name: First Quality Savings and Investment Plan · Sponsored by First Quality Enterprises Inc. · New York · Manufacturing

$404M in assets, 4,213 participants

First Quality Enterprises Inc.'s First Quality Savings and Investment Plan reported $404M in total assets and 4,213 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#17,799 in Manufacturing (18,722 peers)

Coverage in New York

First Quality Savings and Investment Plan covers 4,213 participants in New York, 5.3x the typical New York plan (state average ~798 per filing). Assets: $404M.

$404M
total plan assets (2023 EOY): 4,213
covered participants: 97th
percentile by assets (of 127,072 plans): $95,970
avg assets per participant

Where First Quality Savings and Investment Plan sits by total assets

First Quality Savings and Investment Plan vs every filed plan by assets

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

$404,321,991 Top 3% higher than 97% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

First Quality Savings and Investment Plan reported net income rose from -$65M in the plan year 2022 filing to $48M in the plan year 2023 filing.
First Quality Savings and Investment Plan end-of-year assets rose from $357M in the plan year 2022 filing to $404M in the plan year 2023 filing.
First Quality Savings and Investment Plan reported participants rose from 3,971 in the plan year 2022 filing to 4,213 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Manufacturing

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. First Quality Savings and Investment Plan reports 4,213 participants - 5.3x that state average ($404M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$357M
Net Assets (End of Year)	$404M
Net Income	$48M
Employer EIN	232744573
Plan Effective Date	1996-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (First Quality Enterprises Inc.)

Total plan assets by year, all First Quality Enterprises Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	3,971	$357M
2023	1	4,213	$404M
2024	1	4,235	$466M

Nearby 401(k) Plans in New York

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

First Quality Savings and Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare First Quality Savings and Investment Pla… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to First Quality Savings and Investment Plan by total assets, not by location.

Dunn 401(k) Retirement Plan (MO) $404M · 2,974
Arizona Pipe Trades Defined Contribution Pension Plan (AZ) $404M · 5,016
The Broad Institute, Inc. 401(k) Retirement Plan (MA) $404M · 2,130
Karl Storz Endoscopy-America, Inc. Employee Savings Plan (CA) $404M · 2,109

Frequently Asked Questions

How did First Quality Savings and Investment Plan assets move in 2023? ▼

First Quality Savings and Investment Plan grew at a solid clip - up 13.4% during 2023, from $357M to $404M. Reported net income was $48M.

How have First Quality Enterprises Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), First Quality Enterprises Inc.'s sponsor-wide assets grew 30.7%, from $357M to $466M.

Where does First Quality Savings and Investment Plan rank by assets among Form 5500 filers? ▼

First Quality Savings and Investment Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to First Quality Savings and Investment Plan? ▼

Among 401(k) plans in other states, the closest by assets is Dunn 401(k) Retirement Plan in MO ($404M, 2,974 participants).

Next read for First Quality Savings and Investment Pla…

Filing takeaways

Ways to act on First Quality Savings and Investment Plan's numbers.

By total assets, First Quality Savings and Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
First Quality Enterprises Inc.'s sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Manufacturing plans

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 232744573.