2023 Form 5500 filing — Quality Dealerships 401(K) Profit Sharing Plan
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 20240528114609NAL0021609874001) for Quality Dealerships 401(K) Profit Sharing Plan, reported by Quality Dealerships under EIN 27-1516350 and plan number 001. It reports 157 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$9.9MReported net assets$9,922,760
Participants157
Provider compensation$99.5K3 Schedule C row(s)$99,546
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240528114609NAL0021609874001
- Plan sponsor
- Quality Dealerships
- EIN
- 27-1516350
- Plan number
- 001
- Location
- Albuquerque, NM
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$9.9M total assets
Net assets$9.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $9,922,760
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,922,760
- Employer contributions
- $77,103
- Participant contributions
- $619,423
- Total income / additions
- $2,058,277
- Benefits paid
- $282,300
- Administrative expenses
- $64,771
- Total expenses
- $348,115
- Net increase / (decrease)
- $1,710,162
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $64,771 | $0 |
| First Heartland Consultants, Inc. | INVESTMENT ADVISORY | $0 | $34,775 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |