401(k) · DOL Form 5500 · 2023

Qualtek USA, LLC 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
1,597
Participants Near avg headcount
77th
Percentile by assets National rank
$16,284
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Qualtek Services Retirement Plan · Sponsored by Qualtek USA, LLC · Pennsylvania · Construction

$26M in assets, 1,597 participants

Qualtek USA, LLC's Qualtek Services Retirement Plan reported $26M in total assets and 1,597 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.

  • #6,820 in Construction (9,030 peers)

Where Qualtek Services Retirement Plan sits by assets

Qualtek Services Retirement Plan sits in the top quartile of all filed plans by assets, $26M for 1,597 participants (~$16,284/participant), up 28.5% in 2023.

#6,820
in Construction (9,030 peers)
+28.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Qualtek Services Retirement Plan's outsized position by total assets

Qualtek Services Retirement Plan vs every filed plan by assets

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

$26,005,929 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

Qualtek Services Retirement 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. Qualtek Services Retirement Plan lands in the large band (1,597 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Qualtek Services Retirement Plan reported net income rose from -$363K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Qualtek Services Retirement Plan end-of-year assets rose from $20M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Qualtek Services Retirement Plan reported participants fell from 1,902 in the plan year 2022 filing to 1,597 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 460777008 · Qualtek USA, LLC PY 2023 · 401(k)

Qualtek Services Retirement Plan · $26M · 1,597 · 77th

  • PART $26M
  • TYPE 1,597
  • NET 77th
  • BOOK 401(k)
  • VS-ST near Garrison, Inc. 401(k) Retirement Savings Plan
  • BOY ind #6820

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 Construction retirement plans → · Plans in Pennsylvania →

Qualtek Services Retirement Plan in the asset neighbourhood

Qualtek Services Retirement PlanQualtek Services Retirement …$26MGarrison, Inc. 401(k) Retirement Savings PlanGarrison, Inc. 401(k) Retire…$26MDressman, Benzinger & Lavelle, P.S.C. 401(k) Profit Sharing PlanDressman, Benzinger & Lavell…$26MRix Industries 401(k) Profit Sharing PlanRix Industries 401(k) Profit…$26MTri-City Electrical Contractors, Inc. Retirement and Savings PlanTri-City Electrical Contract…$26M
End-of-year total assets ($M) among Qualtek Services Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$26M
Net Income$6M
Employer EIN460777008
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Qualtek USA, LLC)

Sponsor-wide plan assets over time

All Qualtek USA, LLC plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M 202220232024 $20.2M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 1,902 $20M
2023 1 1,597 $26M
2024 1 817 N/A

Nearby 401(k) Plans in Pennsylvania

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

Qualtek Services Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Qualtek Services Retirement Plan, Total assets ($B): 0.026005929 · Participants: 1597Qualtek Services Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Qualtek Services Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Qualtek Services Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Garrison, Inc. 401(k) Retirement Savings Plan in AL ($26M); by covered participants it is Burlington Stores Puerto Rico Savings Plan in NJ (1,597 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,597 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 Qualtek Services Retirement Plan assets move in 2023?
Qualtek Services Retirement Plan grew sharply - up 28.5% during 2023, from $20M to $26M. Reported net income was $6M.
Where does Qualtek Services Retirement Plan rank by assets among Form 5500 filers?
Qualtek Services Retirement 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 Qualtek Services Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Garrison, Inc. 401(k) Retirement Savings Plan in AL ($26M, 646 participants).
Which 401(k) plans cover a similar participant headcount to Qualtek Services Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Burlington Stores Puerto Rico Savings Plan in NJ (1,597 participants, $2M in assets).