401(k) · DOL Form 5500 · 2024

First Quality Enterprises Inc. 401(k) Plan

Data updated 2026-08-11

$466M
Total assets
4,235
Participants
97th
Percentile by assets
$110,043
Avg per participant
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Official DOL plan name: First Quality Savings and Investment Plan · Sponsored by First Quality Enterprises Inc. · New York · Manufacturing

$466M in assets, 4,235 participants

First Quality Enterprises Inc.'s First Quality Savings and Investment Plan reported $466M in total assets and 4,235 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #16,934 in Manufacturing (17,777 peers)

Coverage in New York

First Quality Savings and Investment Plan covers 4,235 participants in New York, 5.3x the typical New York plan (state average ~798 per filing). Assets: $466M.

$466M
total plan assets (2024 EOY)
4,235
covered participants
97th
percentile by assets (of 123,622 plans)
$110,043
avg assets per participant

Where First Quality Savings and Investment Plan sits by total assets

First Quality Savings and Investment Plan vs every filed plan by assets

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

$466,030,201 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Quality Savings and Investment Plan reported net income rose from $48M in the plan year 2023 filing to $62M in the plan year 2024 filing.
  • First Quality Savings and Investment Plan end-of-year assets rose from $404M in the plan year 2023 filing to $466M in the plan year 2024 filing.
  • First Quality Savings and Investment Plan reported participants rose from 4,213 in the plan year 2023 filing to 4,235 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. First Quality Savings and Investment Plan reports 4,235 participants - 5.3x that state average ($466M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$404M
Net Assets (End of Year)$466M
Net Income$62M
Employer EIN232744573
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Quality Enterprises Inc.)

$300M$350M$400M$450M$500M 202220232024 $357M $466M ▲ +30.7%
Total plan assets by year, all First Quality Enterprises Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,971 $357M
2023 1 4,213 $404M
2024 1 4,235 $466M

Nearby 401(k) Plans in New York

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

First Quality Savings and Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants

First Quality Savings and Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants First Quality Saving…IBM 401(k) PlanMorgan Stanley 401(k…Pfizer Savings PlanThe Pepsico Savings …The Goldman Sachs 40…
First Quality Savings and Investment Plan vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to First Quality Savings and Investment Plan by total assets, not by location.

Frequently Asked Questions

How did First Quality Savings and Investment Plan assets move in 2024?
First Quality Savings and Investment Plan grew sharply - up 15.3% during 2024, from $404M to $466M. Reported net income was $62M.
How have First Quality Enterprises Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), First Quality Enterprises Inc.'s sponsor-wide assets grew 30.7%, from $357M to $466M.
Where does First Quality Savings and Investment Plan rank by assets among Form 5500 filers?
First Quality Savings and Investment Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to First Quality Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Brookdale Senior Living Inc. 401(k) Retirement Savings Plan in TN ($466M, 34,641 participants).

Next read for First Quality Savings and Investment Pla…

Filing takeaways

Ways to act on First Quality Savings and Investment Plan's numbers.

  • By total assets, First Quality Savings and Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
  • First Quality Enterprises Inc.'s sponsor-wide assets have grown 30.7% since 2022 across 3 plan years on file. More Manufacturing plans