Qad Inc. 401(K) Retirement Plan — Form 5500 plan (Qad 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, Qad Inc. 401(K) Retirement Plan is a benefit plan reported by Qad Inc. under EIN 77-0105228 and plan number 001. The latest loaded filing year is 2023. The filing reports 777 participants and $161,895,257 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Qad Inc.
- EIN
- 77-0105228
- Plan number
- 001
- Plan type
- 2
- Location
- Santa Barbara, CA
- Latest filing year
- 2023
- Participants
- 777
- End-of-year plan assets
- $161,895,257
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 777 | H, C | 20241010180419NAL0034949520001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $161,895,257
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $161,895,257
- Net assets (BOY)
- $162,280,578
Income & contributions
- Employer contributions
- $1,661,488
- Participant contributions
- $6,083,806
- Total contributions
- $8,013,812
- Total income / additions
- $37,769,621
Expenses & distributions
- Benefits paid
- $37,857,506
- Administrative expenses
- $297,436
- Total expenses
- $38,154,942
- Net increase / (decrease)
- -$385,321
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Retirement Svcs | RETAINED BY CLIENT | $209,929 | $0 | 2023 |
| Morgan Stanley | RETAINED BY CLIENT | $64,217 | not reported in the loaded dataset | 2023 |
| Bartlett, Pringle & Wolf, Llp | RETAINED BY CLIENT | $23,289 | not reported in the loaded dataset | 2023 |