# First Quality Enterprises INC. 401(k) Plan
Source: https://planprovider.pro/companies/first-quality-enterprises-inc-401k-plan

> First Quality Enterprises INC.&#39;s 401(k) plan: 4,530 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** First Quality Enterprises INC.

- **Sponsor EIN:** 232744573

- **Sponsor Address:** 80 CUTTERMILL ROAD, GREAT NECK, NY, 11021

- **Plan Type:** 401(k)

- **Total Participants:** 4,530

- **Total Assets:** $466.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|4,530|$466.0M|$13.7M|$27.8M|

| 2023|4,180|$404.3M|$12.3M|$25.7M|

| 2022|4,139|$356.6M|$10.2M|$24.0M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| SCHWAB RETIREMENT PLAN SERVICES,INC|NONE|$250,088|—|$250,088|

| CAPFINANCIAL PARTNERS LLC|NONE|$82,500|—|$82,500|

| MACIAS GINI AND OCONNELL LLP|NONE|$12,075|—|$12,075|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SCHWAB RETIREMENT PLAN SERVICES,INC](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [MACIAS GINI AND OCONNELL LLP](https://planprovider.pro/provider/macias-gini-and-oconnell-llp) — NONE

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $344,663

- **Estimated Expense Ratio:** 0.074% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$350,378|$82,500|$1,715|$16,075|—|

| 2023|$406,367|$55,000|$340,792|—|—|

| 2022|$392,430|$124,963|$235,967|—|$31,500|

## Similar Plans

- [Colgate-Palmolive Company](https://planprovider.pro/companies/colgate-palmolive-company-401k-plan) — 6,041 participants

- [Coty INC.](https://planprovider.pro/companies/coty-inc-401k-plan) — 2,009 participants

- [Lvmh Moet Hennessy Louis Vuitton INC.](https://planprovider.pro/companies/lvmh-moet-hennessy-louis-vuitton-inc-plan-001) — 1,244 participants

- [Colgate-Palmolive Company](https://planprovider.pro/companies/colgate-palmolive-company-plan-001) — 1,208 participants

- [Mana Products, INC.](https://planprovider.pro/companies/mana-products-inc-401k-plan) — 489 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/first-quality-enterprises-inc-401k-plan)

&copy; 2026 PlanProvider.Pro
