401(k) · DOL Form 5500 · 2024

Quali Tech, LLC 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
104
Participants Small participant base
57th
Percentile by assets National rank
$104,089
Avg per participant Below avg balance/head
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Official DOL plan name: Quali Tech, LLC 401(k) Profit Sharing Plan · Sponsored by Quali Tech, LLC · Minnesota · Wholesale Trade

$11M in assets, 104 participants

Quali Tech, LLC's Quali Tech, LLC 401(k) Profit Sharing Plan reported $11M in total assets and 104 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #2,983 in Wholesale Trade (6,080 peers)

Coverage in Minnesota

Quali Tech, LLC 401(k) Profit Sharing Plan covers 104 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#2,983
in Wholesale Trade (6,080 peers)
-12.9%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Quali Tech, LLC 401(k) Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Quali Tech, LLC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$10,825,293 Top 43% higher than 57% 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

Quali Tech, LLC 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Quali Tech, LLC 401(k) Profit Sharing Plan sits mid-pack in the medium band (104 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Quali Tech, LLC 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Quali Tech, LLC 401(k) Profit Sharing Plan reported participants fell from 153 in the plan year 2023 filing to 104 in the plan year 2024 filing.
  • Quali Tech, LLC 401(k) Profit Sharing Plan end-of-year assets fell from $12M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410912923 · Quali Tech, LLC PY 2024 · 401(k)

Quali Tech, LLC 401(k) Profit Sharing Plan · $11M · 104 · 57th

  • 5500 $11M
  • ASSETS 104
  • PCT 57th
  • EIN 401(k)
  • RANK near Elcor Operating Company, LLC 401(k) Plan
  • PHOTO ind #2983

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Quali Tech, LLC 401(k) Profit Sharing Plan in the asset neighbourhood

Quali Tech, LLC 401(k) Profit Sharing PlanQuali Tech, LLC 401(k) Profi…$11MElcor Operating Company, LLC 401(k) PlanElcor Operating Company, LLC…$11MJ. Lee Milligan, Inc. 401(k) PlanJ. Lee Milligan, Inc. 401(k)…$11MPhx Holdings Retirement Plan$11MSeattle Sounders Fc 401(k) PlanSeattle Sounders Fc 401(k) P…$11M
End-of-year total assets ($M) among Quali Tech, LLC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN410912923
Plan Effective Date1970-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Quali Tech, LLC)

Sponsor-wide plan assets over time

All Quali Tech, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 31.279696127993418% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $15.8M $10.8M ▼ -31.2%
Year Plans Participants Total Assets
2022 1 151 $16M
2023 1 153 $12M
2024 1 104 $11M

Nearby 401(k) Plans in Minnesota

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

Quali Tech, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Quali Tech, LLC 401(k) Profit Sharing Plan, Total assets ($B): 0.010825293 · Participants: 104Quali Tech, LLC 401(k) Profit Sharing 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
Quali Tech, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Quali Tech, LLC 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Elcor Operating Company, LLC 401(k) Plan in NY ($11M); by covered participants it is Ahold Ecommerce Sales Company 401(k) Plan in NJ (104 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (104 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 Quali Tech, LLC 401(k) Profit Sharing Plan assets move in 2024?
Quali Tech, LLC 401(k) Profit Sharing Plan pulled back noticeably - down 12.9% during 2024, from $12M to $11M. Reported net income was -$2M.
How have Quali Tech, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Quali Tech, LLC's sponsor-wide assets declined 31.3%, from $16M to $11M.
Which 401(k) plans are similar in size to Quali Tech, LLC 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Elcor Operating Company, LLC 401(k) Plan in NY ($11M, 325 participants).
Which 401(k) plans cover a similar participant headcount to Quali Tech, LLC 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Ahold Ecommerce Sales Company 401(k) Plan in NJ (104 participants, N/A in assets).