401(k) · DOL Form 5500 · 2024

Quality Restaurant Concepts, LLC 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
1,384
Participants Near avg headcount
48th
Percentile by assets National rank
$5,086
Avg per participant Low balance/head
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Official DOL plan name: Quality Restaurant Concepts, LLC 401(k) Retirement Plan · Sponsored by Quality Restaurant Concepts, LLC · Alabama · Food Services & Accommodation

$7M in assets, 1,384 participants

Quality Restaurant Concepts, LLC's Quality Restaurant Concepts, LLC 401(k) Retirement Plan reported $7M in total assets and 1,384 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

  • #2,958 in Food Services & Accommodation (3,672 peers)

Coverage in Alabama

Quality Restaurant Concepts, LLC 401(k) Retirement Plan covers 1,384 participants in Alabama, 3.8x the typical Alabama plan (state average ~360 per filing). Assets: $7M.

#2,958
in Food Services & Accommodation (3,672 peers)
+14.6%
assets growth YoY

Quality Restaurant Concepts, LLC 401(k) Retirement Plan's mid-pack asset rank among Food Services & Accommodation and all filers

Quality Restaurant Concepts, LLC 401(k) Retirement Plan vs every filed plan by assets

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

$7,038,921 48th percentile higher than 48% 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 Restaurant Concepts, LLC 401(k) Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Quality Restaurant Concepts, LLC 401(k) Retirement Plan lands in the large band (1,384 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Quality Restaurant Concepts, LLC 401(k) Retirement Plan reported net income rose from $337K in the plan year 2023 filing to $895K in the plan year 2024 filing.
  • Quality Restaurant Concepts, LLC 401(k) Retirement Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Quality Restaurant Concepts, LLC 401(k) Retirement Plan reported participants fell from 1,445 in the plan year 2023 filing to 1,384 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 581829996 · Quality Restaurant Concepts, LLC PY 2024 · 401(k)

Quality Restaurant Concepts, LLC 401(k) Retirement Plan · $7M · 1,384 · 48th

  • SCH $7M
  • SCH 1,384
  • SCH 48th
  • SCH 401(k)
  • SCH near Tipbar Incorporated Retirement Plan
  • SCH ind #2958

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 Food Services & Accommodation retirement plans → · Plans in Alabama →

Quality Restaurant Concepts, LLC 401(k) Retirement Plan in the asset neighbourhood

Quality Restaurant Concepts, LLC 401(k) Retirement PlanQuality Restaurant Concepts,…$7MTipbar Incorporated Retirement PlanTipbar Incorporated Retireme…$7MNational Spinning Co., Inc. 401(k) PlanNational Spinning Co., Inc. …$7MPolymer Ventures 401(k) Plan$7MKyle Mathison Orchards, Inc. 401(k) Savings Plan and TrustKyle Mathison Orchards, Inc.…$7M
End-of-year total assets ($M) among Quality Restaurant Concepts, LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$895K
Employer EIN581829996
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quality Restaurant Concepts, LLC)

Sponsor-wide plan assets over time

All Quality Restaurant Concepts, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 21.23343269453844% vs 2022
2024 filing year
$5.5M$6M$6.5M$7M$7.5M 202220232024 $5.81M $7.04M ▲ +21.2%
Year Plans Participants Total Assets
2022 1 1,555 $6M
2023 1 1,445 $6M
2024 1 1,384 $7M

Nearby 401(k) Plans in Alabama

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

Quality Restaurant Concepts, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Quality Restaurant Concepts, LLC 401(k) Retirement Plan, Total assets ($B): 0.007038921 · Participants: 1384Quality Restaurant Concepts, LLC 401(k) Retirement PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Quality Restaurant Concepts, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Quality Restaurant Concepts, LLC 401(k) Retirement Plan side-by-side with 3 peers →

Quality Restaurant Concepts, LLC 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Tipbar Incorporated Retirement Plan in OR ($7M); by covered participants it is Brg 401(k) Plan in DC (1,384 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,384 participants); asset peers above are excluded.

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 Restaurant Concepts, LLC 401(k) Retirement Plan assets move in 2024? ▼
Quality Restaurant Concepts, LLC 401(k) Retirement Plan grew at a solid clip - up 14.6% during 2024, from $6M to $7M. Reported net income was $895K.
How have Quality Restaurant Concepts, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Quality Restaurant Concepts, LLC's sponsor-wide assets grew 21.2%, from $6M to $7M.
Which 401(k) plans are similar in size to Quality Restaurant Concepts, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tipbar Incorporated Retirement Plan in OR ($7M, 22 participants).
Which 401(k) plans cover a similar participant headcount to Quality Restaurant Concepts, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brg 401(k) Plan in DC (1,384 participants, $303M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581829996.

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.