401(k) · DOL Form 5500 · 2024

Quality Circuits, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
74
Participants Small participant base
61st
Percentile by assets National rank
$169,592
Avg per participant Above avg balance/head
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Official DOL plan name: Quality Circuits, Inc. 401(k) Retirement Plan · Sponsored by Quality Circuits, Inc. · Minnesota · Manufacturing

$13M in assets, 74 participants

Quality Circuits, Inc.'s Quality Circuits, Inc. 401(k) Retirement Plan reported $13M in total assets and 74 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #8,467 in Manufacturing (17,777 peers)

Quality Circuits, Inc. multi-year trail

Quality Circuits, Inc.'s plans moved +31.9% in assets from 2022 to 2024; this filing shows Quality Circuits, Inc. 401(k) Retirement Plan at $13M / 74 participants.

#8,467
in Manufacturing (17,777 peers)
+9.1%
assets growth YoY

Quality Circuits, Inc. 401(k) Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Quality Circuits, Inc. 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$12,549,838 Top 39% higher than 61% of 123,620 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 2024

Quality Circuits, Inc. 401(k) Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Quality Circuits, Inc. 401(k) Retirement Plan is a small filing (74 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Quality Circuits, Inc. 401(k) Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Quality Circuits, Inc. 401(k) Retirement Plan end-of-year assets rose from $12M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Quality Circuits, Inc. 401(k) Retirement Plan reported participants fell from 77 in the plan year 2023 filing to 74 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 411614560 · Quality Circuits, Inc. PY 2024 · 401(k)

Quality Circuits, Inc. 401(k) Retirement Plan · $13M · 74 · 61st

  • RANK $13M
  • RANK 74
  • RANK 61st
  • RANK 401(k)
  • RANK near First State Bank 401(k) Employee Stock Ownership Plan
  • RANK ind #8467

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 Minnesota →

Quality Circuits, Inc. 401(k) Retirement Plan in the asset neighbourhood

Quality Circuits, Inc. 401(k) Retirement PlanQuality Circuits, Inc. 401(k…$13MFirst State Bank 401(k) Employee Stock Ownership PlanFirst State Bank 401(k) Empl…$13MAnthony & Joann Fanticola Family Ltd Partnership 401(k) Profit Sharing PlanAnthony & Joann Fanticola Fa…$13MRed Dot Employee Retirement PlanRed Dot Employee Retirement …$13MWilliam Rawn Associates, Architects, Inc. 401(k) PlanWilliam Rawn Associates, Arc…$13M
End-of-year total assets ($M) among Quality Circuits, Inc. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Quality Circuits, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Quality Circuits, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 31.935472103277267% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $9.51M $12.6M ▲ +32.0%
Year Plans Participants Total Assets
2022 1 77 $10M
2023 1 77 $12M
2024 1 74 $13M

Quality Circuits, Inc. filing trail (2024)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$1M
Employer EIN411614560
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Quality Circuits, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Quality Circuits, Inc. 401(k) Retirement Plan, Total assets ($B): 0.012549838 · Participants: 74Quality Circuits, Inc. 401(k) Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Quality Circuits, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Quality Circuits, Inc. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is First State Bank 401(k) Employee Stock Ownership Plan in ND ($13M); by covered participants it is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (74 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Quality Circuits, Inc. 401(k) Retirement Plan assets move in 2024?
Quality Circuits, Inc. 401(k) Retirement Plan grew at a solid clip - up 9.1% during 2024, from $12M to $13M. Reported net income was $1M.
How have Quality Circuits, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Quality Circuits, Inc.'s sponsor-wide assets grew 31.9%, from $10M to $13M.
Which 401(k) plans are similar in size to Quality Circuits, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is First State Bank 401(k) Employee Stock Ownership Plan in ND ($13M, 48 participants).
Which 401(k) plans cover a similar participant headcount to Quality Circuits, Inc. 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (74 participants, $3M in assets).