Retirement plan

QUALIBRE, INC.SIMPLE PLAN 401(K)

Name: QUALIBRE, INC. - QUALIBRE, INC.SIMPLE PLAN 401(K) (2023) Form 5500
Creator: QUALIBRE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUALIBRE, INC.SIMPLE PLAN 401(K), QUALIBRE, INC.

QUALIBRE, INC.EIN 52-2103899Plan #001PY 2023

29 SUGAR MAPLE LN - HAMBURG, NJ 074191217201-832-0271qualibreinc.comLinkedIn1-10 employeesprinting

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$756K

+6.9% from 2022

Total participants

0.0% from 2022

Average account balance

$377,860

+6.9% from 2022

Annual return

6.94%

+16.08 pp from 2022

Benchmarks

See 11,284 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort11,284 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$810K

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$405K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+7.24%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2G2J3D

Plan features

2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$377,860

$105,160+259.3%

$94,679+299.1%

$139,456+171.0%

Participation rate

0.0%

82.4%-82.4pp

80.8%-80.8pp

80.3%-80.3pp

Annual return

6.94%

38.04%-31.1pp

156.75%-149.8pp

373.45%-366.5pp

Employer contribution / active EE

$4,107-100.0%

$3,673-100.0%

$4,753-100.0%

Participant deferral / active EE

$7,599-100.0%

$7,417-100.0%

$6,711-100.0%

Admin fee / account holder

$8,988-100.0%

$7,233-100.0%

$11,407-100.0%

QUALIBRE, INC.SIMPLE PLAN 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

QUALIBRE, INC.SIMPLE PLAN 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion