401(k) · DOL Form 5500 · 2024

Quality Restaurant Group LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
3,333
Participants Above avg headcount
38th
Percentile by assets National rank
$1,158
Avg per participant Low balance/head
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Official DOL plan name: Quality Restaurant Group 401(k) Plan · Sponsored by Quality Restaurant Group LLC · North Carolina · Food Services & Accommodation

$4M in assets, 3,333 participants

Quality Restaurant Group LLC's Quality Restaurant Group 401(k) Plan reported $4M in total assets and 3,333 participants in its 2024 DOL Form 5500 filing, ranking in the 38th 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.

  • #2,676 in Food Services & Accommodation (3,672 peers)

Coverage in North Carolina

Quality Restaurant Group 401(k) Plan covers 3,333 participants in North Carolina, 4.1x the typical North Carolina plan (state average ~819 per filing). Assets: $4M.

#2,676
in Food Services & Accommodation (3,672 peers)
+23.3%
assets growth YoY

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

Quality Restaurant Group 401(k) Plan vs every filed plan by assets

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

$3,860,461 38th percentile higher than 38% 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 Group 401(k) 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 Group 401(k) Plan lands in the large band (3,333 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Quality Restaurant Group 401(k) Plan reported participants fell from 5,922 in the plan year 2023 filing to 3,333 in the plan year 2024 filing.
  • Quality Restaurant Group 401(k) Plan reported net income rose from $575K in the plan year 2023 filing to $730K in the plan year 2024 filing.
  • Quality Restaurant Group 401(k) Plan end-of-year assets rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 822429645 · Quality Restaurant Group LLC PY 2024 · 401(k)

Quality Restaurant Group 401(k) Plan · $4M · 3,333 · 38th

  • BOY $4M
  • BOY 3,333
  • BOY 38th
  • BOY 401(k)
  • BOY near Bam Management US Holdings Inc. 401(k) Plan
  • BOY ind #2676

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 North Carolina →

Quality Restaurant Group 401(k) Plan in the asset neighbourhood

Quality Restaurant Group 401(k) PlanQuality Restaurant Group 401…$4MBam Management US Holdings Inc. 401(k) PlanBam Management US Holdings I…$4MElion, Grieco & Shipman, P.C. Retirement PlanElion, Grieco & Shipman, P.C…$4MEnterprise Commercial Paving 401(k) PlanEnterprise Commercial Paving…$4MLaughlin Associates, Inc. 401(k) PlanLaughlin Associates, Inc. 40…$4M
End-of-year total assets ($M) among Quality Restaurant Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$730K
Employer EIN822429645
Plan Effective Date2018-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Quality Restaurant Group LLC)

Sponsor-wide plan assets over time

All Quality Restaurant Group LLC plans reported in each filing year

Latest sponsor-wide plan assets
$4M 51.07686154559003% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M$4M 202220232024 $2.56M $3.86M ▲ +50.8%
Year Plans Participants Total Assets
2022 1 2,478 $3M
2023 1 5,922 $3M
2024 1 3,333 $4M

Nearby 401(k) Plans in North Carolina

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

Quality Restaurant Group 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Quality Restaurant Group 401(k) Plan, Total assets ($B): 0.003860461 · Participants: 3333Quality Restaurant Group 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Quality Restaurant Group 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Quality Restaurant Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Bam Management US Holdings Inc. 401(k) Plan in FL ($4M); by covered participants it is Medical Information Technology, Inc. 401(k) Plan in MA (3,333 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,333 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 Group 401(k) Plan assets move in 2024?
Quality Restaurant Group 401(k) Plan grew sharply - up 23.3% during 2024, from $3M to $4M. Reported net income was $730K.
How have Quality Restaurant Group LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Quality Restaurant Group LLC's sponsor-wide assets grew 51.1%, from $3M to $4M.
Which 401(k) plans are similar in size to Quality Restaurant Group 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bam Management US Holdings Inc. 401(k) Plan in FL ($4M, 65 participants).
Which 401(k) plans cover a similar participant headcount to Quality Restaurant Group 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Medical Information Technology, Inc. 401(k) Plan in MA (3,333 participants, $103M in assets).