401(k) · DOL Form 5500 · 2023

First Quality Enterprises Inc. 401(k) Plan

Data updated 2026-08-25

$404M
Total assets Above avg plan size
4,213
Participants Above avg headcount
97th
Percentile by assets National rank
$95,970
Avg per participant Below avg balance/head
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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.

  • #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.

#17,799
in Manufacturing (18,722 peers)
+13.4%
assets growth YoY
4.1×
vs typical plan assets (national mean)

First Quality Savings and Investment Plan's outsized position 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

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

First Quality Savings and Investment Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Quality Savings and Investment Plan lands in the large band (4,213 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

EBSA filing schedule strip

Filing strip 232744573 · First Quality Enterprises Inc. PY 2023 · 401(k)

First Quality Savings and Investment Plan · $404M · 4,213 · 97th

  • SCH $404M
  • EBSA 4,213
  • PART 97th
  • TYPE 401(k)
  • NET near Dunn 401(k) Retirement Plan
  • BOOK ind #17799

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 Manufacturing retirement plans → · Plans in New York →

First Quality Savings and Investment Plan in the asset neighbourhood

First Quality Savings and Investment PlanFirst Quality Savings and In…$404MDunn 401(k) Retirement Plan$404MArizona Pipe Trades Defined Contribution Pension PlanArizona Pipe Trades Defined …$404MThe Broad Institute, Inc. 401(k) Retirement PlanThe Broad Institute, Inc. 40…$404MKarl Storz Endoscopy-America, Inc. Employee Savings PlanKarl Storz Endoscopy-America…$404M
End-of-year total assets ($M) among First Quality Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$357M
Net Assets (End of Year)$404M
Net Income$48M
Employer EIN232744573
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Quality Enterprises Inc.)

Sponsor-wide plan assets over time

All First Quality Enterprises Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$466M 30.68701748190418% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $357M $466M ▲ +30.7%
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 Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants First Quality Savings and Investment Plan, Total assets ($B): 0.404321991 · Participants: 4213First Quality Savings and Investment PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
First Quality Savings and Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants
Compare First Quality Savings and Investment Plan side-by-side with 3 peers →

First Quality Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Dunn 401(k) Retirement Plan in MO ($404M); by covered participants it is Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan in MN (4,213 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,213 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 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).
Which 401(k) plans cover a similar participant headcount to First Quality Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Donaldson Company, Inc. Retirement Savings and Employee Stock Ownership Plan in MN (4,213 participants, $745M 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 232744573.

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.