Plan5500

Qsource 403(B) Plan — Form 5500 plan (Qsource)

Plain-English plan 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, Qsource 403(B) Plan is a benefit plan reported by Qsource under EIN 62-0924699 and plan number 002. The latest loaded filing year is 2023. The filing reports 127 participants and $10,752,458 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.8MPlan net assets, end of year$10,752,458
Participants127Covered participants reported
Assets / participant$84.7KComputed: assets ÷ participants$84,665 (computed)
Provider compensation$70.4K4 Schedule C provider row(s)$70,403
Plan sponsor
Qsource
EIN
62-0924699
Plan number
002
Plan type
2
Location
Memphis, TN
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    127 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$10.8M total assets
Net assets$10.8MLiabilities$0
Money in vs. money out
Total income / additions$2.5M
Total expenses$3.3M
Benefits paid / distributions$3.3M
Contributions
Employer$273.8K
Participant$338.7K
Full reported line items

Net assets

Total assets (EOY)
$10,752,458
Total liabilities (EOY)
$0
Net assets (EOY)
$10,752,458
Net assets (BOY)
$11,546,463

Income & contributions

Employer contributions
$273,808
Participant contributions
$338,732
Total contributions
$769,546
Total income / additions
$2,544,730

Expenses & distributions

Benefits paid
$3,290,728
Administrative expenses
$48,007
Total expenses
$3,338,735
Net increase / (decrease)
-$794,005
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 45%Participant 55%
Total expenses ÷ net assets31%Computed ratio
Benefits paid ÷ total income129%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Principal Life Insurance Company$48K
    CONTRACT ADMINISTRATOR · Direct $48K · Indirect $0
  2. 2
    Gallagher Fiduciary Advisors, LLC$22.4K
    INVESTMENT ADVISORY · Direct $0 · Indirect $22.4K
  3. 3
    Morningstar Investment Management L$0
    INV ADV, PARTICIPANTS · Direct $0 · Indirect $0
  4. 4
    Wilshire Advisors LLC$0
    INVESTMENT ADVISORY · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Qsource 403(B) Plan?
Qsource 403(B) Plan is reported as sponsored by Qsource (EIN 62-0924699, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Qsource 403(B) Plan?
The latest Form 5500 filing year loaded for Qsource 403(B) Plan is 2023.
How many participants does Qsource 403(B) Plan report?
Qsource 403(B) Plan reports 127 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Qsource 403(B) Plan?
Qsource 403(B) Plan reports $10,752,458 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages