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Benchmarking Quick Technologies Inc. Retirement Trust in Addison, TX against all plans

 

Quick Technologies Inc. Retirement Trust in Addison, TX has the 4th-least in total assets ($10,852,026) of the 65 plans within 50 miles that are better than the overall participant averages in each of net income per total participant, employer contributions per active participant, and total administrative expense per participant. Those $10,852,026 compare to an average of $26,803,882 across the 65 plans.

Note: total assets = total noninterest-bearing cash + receivables - employer contributions + receivables - participant contributions + other receivables (not employer nor participant contributions) + interest-bearing cash (e.g., money market accounts, certificates of deposit) + U.S. government securities + corporate debt instruments (preferred & other than employer securities) + corporate debt instruments (below preferred & other than employer securities) + corporate preferred stocks (other than employer securities) + corporate common stocks (other than employer securities) + partnership/joint venture interests + real estate (other than employer real property) + loans (other than to participants) + participant loans + value of interest in common/collective trusts + value of interest in pooled separate accounts + value of interest in master trust investment accounts + value of interest in 103-12 investment entities + value of interest in registered investment companies (e.g., mutual funds) + value of funds held in insurance company general account (unallocated contracts) + other general investments + employer-related securities investments + employer-related real-property investments + buildings and other property used in plan operation

Quick Technologies Inc. Retirement Trust has these standings among those 65 peer plans:

  • total assets = $10,852,026 (4th-least)

  • total noninterest-bearing cash = $0 (the least, tied)

  • receivables - employer contributions = $0 (the least in, tied)

  • receivables - participant contributions = $0 (the least in, tied)

  • other receivables (not employer nor participant contributions) = $0 (the least in, tied)

  • interest-bearing cash (e.g., money market accounts, certificates of deposit) = $359 (31st-most)

  • U.S. government securities = $0.0K (the least in, tied)

  • corporate debt instruments (preferred & other than employer securities) = $0 (the least in, tied)

  • corporate debt instruments (below preferred & other than employer securities) = $0 (the least in, tied)

  • corporate preferred stocks (other than employer securities) = $0 (the least in, tied)

  • corporate common stocks (other than employer securities) = $0 (the least in, tied)

  • partnership/joint venture interests = $0 (the least in, tied)

  • real estate (other than employer real property) = $0 (the least in, tied)

  • loans (other than to participants) = $0 (the least in, tied)

  • participant loans = $0 (the least in, tied)

  • value of interest in common/collective trusts = $0 (the lowest, tied)

  • value of interest in pooled separate accounts = $0 (the lowest, tied)

  • value of interest in master trust investment accounts = $0.0K (the lowest, tied)

  • value of interest in 103-12 investment entities = $0 (the lowest, tied)

  • value of interest in registered investment companies (e.g., mutual funds) = $10.90M (12th-lowest, tied)

  • value of funds held in insurance company general account (unallocated contracts) = $0 (the lowest, tied)

  • other general investments = $0 (2nd-least in, tied)

  • employer-related securities investments = $0 (the least in, tied)

  • employer-related real-property investments = $0 (the least in, tied)

  • buildings and other property used in plan operation = $0 (the least in, tied)

Visualize

 
 

Peers

outdone by Marquis Software Solutions, Inc 401(K) Plan in Plano, TX ($10,079,130), Phillips/May Corporation 401k Plan in Dallas, TX ($10,362,725), and Newpoint Real Estate Capital LLC 401(K) Plan in Plano, TX ($10,761,422).

outdid Lanvera, Ltd. 401(K) Plan in Coppell, TX ($10,918,574), Medallion Operating Company, LLC 401k Plan in Irving, TX ($11,512,103), The Beneficient Company Group, LP Retirement Plan in Dallas, TX ($11,591,930), and Lucid Energy Group LL, LLC 401(K) Plan in Dallas, TX ($12,379,476), and 57 others, ending with Gearbox Software LLC 401(K) Plan in Frisco, TX ($49,679,941).

References

  1. are better than the overall participant averages in. Bigger sets are better. (1) The average nationwide value of net income per total participant is $9,660, so better is above that. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of Form 5500. (2) The average nationwide value of average account balance is $80,169, so better is above that. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. (3) The average nationwide value of active-participant contributions per head (average participant cash contribution per active participant) is $5,898, so better is above that. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (4) The average nationwide value of employer contributions per active participant (average employer cash contribution per active participant) is $2,765, so better is above that. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (5) The average nationwide value of total administrative expense per participant is $185.18, so better is below that. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). Some comparison measures have prerequisites that must be satisfied in order to keep their numeric values, otherwise their value becomes N/A. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total assets. At end of plan year. Line 1f(b) from Schedule H. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  3. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.