Quantum 401(K) Profit Sharing Plan — Form 5500 plan (Quantum Research International, Inc.)
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, Quantum 401(K) Profit Sharing Plan is a benefit plan reported by Quantum Research International, Inc. under EIN 63-0956857 and plan number 002. The latest loaded filing year is 2023. The filing reports 370 participants and $38,944,586 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$38.9MPlan net assets, end of year$38,944,586
Participants370Covered participants reported
Assets / participant$105.3KComputed: assets ÷ participants$105,256 (computed)
Provider compensation$22.1K2 Schedule C provider row(s)$22,075
- Plan sponsor
- Quantum Research International, Inc.
- EIN
- 63-0956857
- Plan number
- 002
- Plan type
- 2
- Location
- Huntsville, AL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 370 | H, C | 20250715150204NAL0001715731001 |
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)$38.9M total assets
Net assets$38.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $38,944,586
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,944,586
- Net assets (BOY)
- $31,803,852
Income & contributions
- Employer contributions
- $1,584,253
- Participant contributions
- $2,117,126
- Total contributions
- $3,874,699
- Total income / additions
- $10,143,037
Expenses & distributions
- Benefits paid
- $2,964,959
- Administrative expenses
- $19,890
- Total expenses
- $3,002,303
- Net increase / (decrease)
- $7,140,734
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.
43%57%
Employer 43%Participant 57%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hill Fogg & Associates, Pc | ACCOUNTANT | $16,725 | not reported in the loaded dataset | 2023 |
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $5,350 | $0 | 2023 |