2023 Form 5500 filing — Q-Free 401(K) 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 20240827144210NAL0017808640001) for Q-Free 401(K) Plan, reported by Q-Free America Inc. under EIN 45-4337530 and plan number 001. It reports 136 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)$9.1MReported net assets$9,102,797
Participants136
Provider compensation$50K2 Schedule C row(s)$49,961
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240827144210NAL0017808640001
Plan sponsor
Q-Free America Inc.
EIN
45-4337530
Plan number
001
Location
Chesapeake, VA
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)$9.1M total assets
Net assets$9.1MLiabilities$0
Money in vs. money out
Total income / additions$2.8M
Total expenses$944.6K
Benefits paid / distributions$894.7K
Contributions
Employer$380K
Participant$899.4K
Full reported line items
Total assets (EOY)
$9,102,797
Total liabilities (EOY)
$0
Net assets (EOY)
$9,102,797
Employer contributions
$380,033
Participant contributions
$899,407
Total income / additions
$2,820,559
Benefits paid
$894,657
Administrative expenses
$49,961
Total expenses
$944,618
Net increase / (decrease)
$1,875,941

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
John Hancock Life Insurance CompRECORDKEEPER$48,359$0
Wilshire Associates Inc (Usa)RIA$1,602not reported in the loaded dataset

Related Form 5500 pages