Other · DOL Form 5500 · 2023

QSOURCE Retirement Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
85
Participants Small participant base
60th
Percentile by assets National rank
$126,500
Avg per participant Near avg balance/head
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Official DOL plan name: Qsource 403(b) Plan · Sponsored by QSOURCE · Tennessee · Professional & Technical Services

$11M in assets, 85 participants

QSOURCE's Qsource 403(b) Plan reported $11M in total assets and 85 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #11,985 in Professional & Technical Services (20,321 peers)

What the 2023 filing shows

Qsource 403(b) Plan holds $11M for 85 participants - about $126,500 per participant, above the median plan by assets.

#11,985
in Professional & Technical Services (20,321 peers)
-6.9%
assets change YoY

The plan reported a net loss of $794K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Qsource 403(b) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Qsource 403(b) Plan vs every filed plan by assets

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

$10,752,458 Top 40% higher than 60% 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

Qsource 403(b) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Qsource 403(b) Plan is a small filing (85 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Qsource 403(b) Plan reported net income rose from -$4M in the plan year 2022 filing to -$794K in the plan year 2023 filing.
  • Qsource 403(b) Plan reported participants rose from 75 in the plan year 2022 filing to 85 in the plan year 2023 filing.
  • Qsource 403(b) Plan end-of-year assets fell from $12M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 620924699 · QSOURCE PY 2023 · Other

Qsource 403(b) Plan · $11M · 85 · 60th

  • SCH $11M
  • EBSA 85
  • PART 60th
  • TYPE Other
  • NET near 403(b) Thrift Plan of Human Services Center
  • BOOK ind #11985

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 Professional & Technical Services retirement plans → · Plans in Tennessee →

Qsource 403(b) Plan in the asset neighbourhood

403(b) Thrift Plan of Human Services Center403(b) Thrift Plan of Human …$11MBig Bend Hospice Retirement PlanBig Bend Hospice Retirement …$11MQsource 403(b) Plan$11MLowell Community Health Center 403(b) PlanLowell Community Health Cent…$11MActive Retirement Community D/B/a Jefferson's Ferry 403(b) Tax Deferred Investment Savings PlanActive Retirement Community …$11M
End-of-year total assets ($M) among Qsource 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$11M
Net Income-$794K
Employer EIN620924699
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (QSOURCE)

Sponsor-wide plan assets over time

All QSOURCE plans reported in each filing year

Latest sponsor-wide plan assets
$12M 2.486657602419027% vs 2022
2024 filing year
$10.5M$11M$11.5M$12M 202220232024 $11.6M $11.8M ▲ +2.4%
Year Plans Participants Total Assets
2022 1 75 $12M
2023 1 85 $11M
2024 1 90 $12M

Nearby Other Plans in Tennessee

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

Qsource 403(b) Plan vs. nearby Other plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1012345 Total assets ($B) Participants Qsource 403(b) Plan, Total assets ($B): 0.010752458 · Participants: 85Qsource 403(b) PlanVanderbilt University Medical Center Retirement Plan, Total assets ($B): 4.082284978 · Participants: 30220Vanderbilt University Medical Center Retirement PlanVanderbilt University Retirement Plan, Total assets ($B): 2.316024751 · Participants: 6887Vanderbilt University Retirement PlanSt. Jude Children's Research Hospital Defined Contribution Retirement Plan, Total assets ($B): 1.118460153 · Participants: 6010St. Jude Children's Research Hospital Defined Contribution Retirement PlanBallad Health 403(b) Plan, Total assets ($B): 0.616326721 · Participants: 11769Ballad Health 403(b) PlanSoutheastern Carpenters and Millwrights Pension Plan, Total assets ($B): 0.534737215 · Participants: 2882Southeastern Carpenters and Millwrights Pension Plan
Qsource 403(b) Plan vs. nearby Other plans in Tennessee, assets vs. participants

Qsource 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Tennessee, the nearest Other by assets is 403(b) Thrift Plan of Human Services Center in PA ($11M); by covered participants it is Hospice Brazos Valley, Inc. ERISA 403(b) Plan in TX (85 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 Qsource 403(b) Plan assets move in 2023?
Qsource 403(b) Plan pulled back noticeably - down 6.9% during 2023, from $12M to $11M. Reported net income was -$794K.
How have QSOURCE plan assets changed over time?
Across 3 plan years on file (2022-2024), QSOURCE's sponsor-wide assets grew 2.5%, from $12M to $12M.
Which Other plans are similar in size to Qsource 403(b) Plan?
Among Other plans in other states, the closest by assets is 403(b) Thrift Plan of Human Services Center in PA ($11M, 156 participants).
Which Other plans cover a similar participant headcount to Qsource 403(b) Plan?
Among Other plans in other states, the closest by covered participants is Hospice Brazos Valley, Inc. ERISA 403(b) Plan in TX (85 participants, $4M in assets).