Plan Snapshot
- Plan Sponsor: The Quality Companies, LLC
- Sponsor EIN: 842940421
- Sponsor Address: 425 GRIFFIN RD, YOUNGSVILLE, LA, 70592
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 200
- Total Assets: $6,768
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 200 | $6,768 | $2.2M | $2.1M |
| 2023 | 243 | $61,832 | $2.3M | $2.0M |
| 2022 | 291 | $104,255 | $1.8M | $2.1M |
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 |
|---|---|---|---|---|
| IMA, INC. | Other Service Provider | $111,004 | — | $111,004 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,004
- Estimated Expense Ratio: 1640.130% 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 | $111,004 | — | $111,004 | — | — |
| 2023 | $132,474 | — | — | — | — |
| 2022 | $138,327 | — | — | — | — |