401(k) · DOL Form 5500 · 2024

Qb Energy 401(k) Plan

Data updated 2026-05-15

$37M
Total assets
311
Participants
80th
Percentile by assets
$118,793
Avg per participant

Sponsored by Qb Energy Management, LLC · Colorado · Mining & Oil Extraction

What the 2024 filing shows

Qb Energy 401(k) Plan holds $37M for 311 participants - about $118,793 per participant, in the top quartile of all filed plans by assets, up 6.7% over the 2024 plan year.

$37M
total plan assets (2024 EOY)
311
covered participants
80th
percentile by assets (of 116,472 plans)
$118,793
avg assets per participant
State
Industry
Mining & Oil Extraction

401(k) · DOL Form 5500 · 2024

What the Filing Says About Qb Energy 401(k) Plan

Qb Energy 401(k) Plan is a 401(k) retirement plan sponsored by Qb Energy Management, LLC, headquartered in Colorado. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $37M in total end-of-year assets and covers 311 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 993884505, and the plan has been effective since 2009-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $35M at the beginning of 2024 to $37M at year-end - up 6.7%. Net assets (after liabilities) closed the year at $37M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

By assets, Qb Energy 401(k) Plan outranks 80% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Qb Energy 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$35M
Total Assets (End of Year)$37M
Net Assets (End of Year)$37M
Net Income$2M
Plan Type401(k)
Employer EIN993884505
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Colorado

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

Frequently Asked Questions

How much money is in the Qb Energy 401(k) Plan?
As of the 2024 Form 5500 filing, Qb Energy 401(k) Plan holds $37M in total assets with 311 participants. It is sponsored by Qb Energy Management, LLC.
What type of plan is Qb Energy 401(k) Plan?
Qb Energy 401(k) Plan is a 401(k) plan. It has been effective since 2009-01-01. The plan is filed with the U.S. Department of Labor under EIN 993884505.
Who sponsors the Qb Energy 401(k) Plan?
Qb Energy 401(k) Plan is sponsored by Qb Energy Management, LLC, located in Colorado. The sponsor's EIN is 993884505 and the plan operates in the Mining & Oil Extraction industry.
How did Qb Energy 401(k) Plan perform in 2024?
Qb Energy 401(k) Plan grew at a solid clip - up 6.7% during 2024, moving from $35M to $37M in total assets. Net income was $2M.

What this filing means

Ways to act on Qb Energy 401(k) Plan's numbers.

  • By total assets, Qb Energy 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Colorado. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 993884505.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.