2023 Form 5500 filing — Quality Switch Inc 401(K) Profit Sharing Plan & Trust

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240520082730NAL0000459683001) for Quality Switch Inc 401(K) Profit Sharing Plan & Trust, reported by Quality Switch Inc under EIN 34-1138075 and plan number 002. It reports 45 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$7.3MReported net assets$7,349,328
Participants45
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240520082730NAL0000459683001
Plan sponsor
Quality Switch Inc
EIN
34-1138075
Plan number
002
Location
Newton Falls, OH
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$7.3M total assets
Net assets$7.3MLiabilities$0
Money in vs. money out
Total income / additions$1.4M
Total expenses$166K
Benefits paid / distributions$145K
Contributions
Employer$94.6K
Participant$229.9K
Full reported line items
Total assets (EOY)
$7,349,328
Total liabilities (EOY)
$0
Net assets (EOY)
$7,349,328
Employer contributions
$94,592
Participant contributions
$229,900
Total income / additions
$1,423,799
Benefits paid
$144,985
Administrative expenses
$21,054
Total expenses
$166,039
Net increase / (decrease)
$1,257,760

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240520082730NAL0000459683001 cover?
It is the 2023 Form 5500 filing for Quality Switch Inc 401(K) Profit Sharing Plan & Trust, reported by Quality Switch Inc (EIN 34-1138075).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages