Plan Snapshot
- Plan Sponsor: Qvest INC
- Sponsor EIN: 760622763
- Sponsor Address: 30355 OLD HOCKLEY RD, MAGNOLIA, TX, 773556073
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 110
- Total Assets: $2.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 110 | $2.1M | $84,431 | $201,871 |
| 2023 | 177 | $1.8M | $80,537 | $159,917 |
| 2022 | 233 | $1.5M | $78,053 | $133,499 |
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 |
|---|---|---|---|---|
| KIMBERLIN COMPANY, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $10,592 | — | $10,592 | — | — |
| 2023 | $11,236 | — | — | — | — |
| 2022 | $9,829 | — | $9,829 | — | — |