2023 Form 5500 filing — Quality King Distributors, Inc. 401(K) Savings 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 20241008070819NAL0008155731001) for Quality King Distributors, Inc. 401(K) Savings Plan, reported by Quality King Distributors, Inc. under EIN 11-1973001 and plan number 001. It reports 300 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008070819NAL0008155731001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Quality King Distributors, Inc.
- EIN
- 11-1973001
- Plan number
- 001
- Location
- Bellport, NY
- Participants
- 300
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,247,235
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,247,235
- Participant contributions
- $1,523,643
- Total income / additions
- $4,938,926
- Benefits paid
- $2,506,751
- Administrative expenses
- $8,308
- Total expenses
- $2,515,059
- Net increase / (decrease)
- $2,423,867
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Leumi Investment Services Inc | OTHER SERVICES | $0 | $21,686 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $8,362 | $0 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |