401k Plan data: QUEST MANAGEMENT 401(K) PLAN plan

QUEST MANAGEMENT 401(K) PLAN 401k Plan overview

Plan Name	QUEST MANAGEMENT 401(K) PLAN
Plan identification number	001

QUEST MANAGEMENT 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

QUEST FOOD MANAGEMENT SERVICES has sponsored the creation of one or more 401k plans.

Company Name: QUEST FOOD MANAGEMENT SERVICES

Employer identification number (EIN): 863225600

NAIC Classification: 722300
NAIC Description: Special Food Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan QUEST MANAGEMENT 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01

Plan Statistics for QUEST MANAGEMENT 401(K) PLAN

401k plan membership statisitcs for QUEST MANAGEMENT 401(K) PLAN

Measure Date Value
2022: QUEST MANAGEMENT 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 991
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 849
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 111
Total of all active and inactive participants 2022-01-01 960
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 960
Number of participants with account balances 2022-01-01 329
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 22
2021: QUEST MANAGEMENT 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 700
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 786
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 75
Total of all active and inactive participants 2021-01-01 861
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 861
Number of participants with account balances 2021-01-01 255
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 13
2020: QUEST MANAGEMENT 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 1,021
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 631
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 61
Total of all active and inactive participants 2020-01-01 692
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 692
Number of participants with account balances 2020-01-01 213
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 41

Measure	Date	Value
2022: QUEST MANAGEMENT 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	991
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	849
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	111
Total of all active and inactive participants	2022-01-01	960
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	960
Number of participants with account balances	2022-01-01	329
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	22
2021: QUEST MANAGEMENT 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	700
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	786
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	75
Total of all active and inactive participants	2021-01-01	861
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	861
Number of participants with account balances	2021-01-01	255
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	13
2020: QUEST MANAGEMENT 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	1,021
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	631
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	61
Total of all active and inactive participants	2020-01-01	692
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	692
Number of participants with account balances	2020-01-01	213
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	41

Financial Data on QUEST MANAGEMENT 401(K) PLAN

Measure	Date	Value
2022 : QUEST MANAGEMENT 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$0
Total transfer of assets from this plan	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$382,008
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$342,930
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$318,748
Expenses. Certain deemed distributions of participant loans	2022-12-31	$3,911
Value of total corrective distributions	2022-12-31	$2,608
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$1,020,573
Value of total assets at end of year	2022-12-31	$3,713,384
Value of total assets at beginning of year	2022-12-31	$3,674,306
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$17,663
Total interest from all sources	2022-12-31	$5,724
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$106,527
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$106,527
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$368,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$827,314
Participant contributions at end of year	2022-12-31	$57,199
Participant contributions at beginning of year	2022-12-31	$46,294
Participant contributions at end of year	2022-12-31	$8
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$59,737
Other income not declared elsewhere	2022-12-31	$1,373
Administrative expenses (other) incurred	2022-12-31	$17,663
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$39,078
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$3,713,384
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$3,674,306
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$3,522,655
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$3,522,345
Interest on participant loans	2022-12-31	$5,724
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-752,189
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$133,522
Employer contributions (assets) at end of year	2022-12-31	$133,522
Employer contributions (assets) at beginning of year	2022-12-31	$105,667
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$318,748
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	SIKICH LLP
Accountancy firm EIN	2022-12-31	363168081
2021 : QUEST MANAGEMENT 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets to this plan	2021-12-31	$0
Total transfer of assets from this plan	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$1,081,331
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$142,786
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$123,309
Expenses. Certain deemed distributions of participant loans	2021-12-31	$3,701
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$705,795
Value of total assets at end of year	2021-12-31	$3,674,306
Value of total assets at beginning of year	2021-12-31	$2,735,761
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$15,776
Total interest from all sources	2021-12-31	$5,788
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$358,662
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$358,662
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$274,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$579,292
Participant contributions at end of year	2021-12-31	$46,294
Participant contributions at beginning of year	2021-12-31	$34,976
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$20,835
Other income not declared elsewhere	2021-12-31	$907
Administrative expenses (other) incurred	2021-12-31	$15,776
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$938,545
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$3,674,306
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$2,735,761
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$3,522,345
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$2,649,741
Interest on participant loans	2021-12-31	$5,788
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$10,179
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$105,668
Employer contributions (assets) at end of year	2021-12-31	$105,667
Employer contributions (assets) at beginning of year	2021-12-31	$51,044
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$123,309
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	SIKICH LLP
Accountancy firm EIN	2021-12-31	363168081
2020 : QUEST MANAGEMENT 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total transfer of assets from this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$882,753
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$546,426
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$526,298
Expenses. Certain deemed distributions of participant loans	2020-12-31	$3,501
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$491,423
Value of total assets at end of year	2020-12-31	$2,735,761
Value of total assets at beginning of year	2020-12-31	$2,399,434
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$16,627
Total interest from all sources	2020-12-31	$5,425
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$63,612
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$63,612
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$240,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$422,315
Participant contributions at end of year	2020-12-31	$34,976
Participant contributions at beginning of year	2020-12-31	$42,295
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$18,064
Administrative expenses (other) incurred	2020-12-31	$16,627
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$336,327
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$2,735,761
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$2,399,434
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$2,649,741
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$2,279,657
Interest on participant loans	2020-12-31	$5,425
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$322,293
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$51,044
Employer contributions (assets) at end of year	2020-12-31	$51,044
Employer contributions (assets) at beginning of year	2020-12-31	$77,482
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$526,298
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	SIKICH LLP
Accountancy firm EIN	2020-12-31	363168081

Form 5500 Responses for QUEST MANAGEMENT 401(K) PLAN

2022: QUEST MANAGEMENT 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: QUEST MANAGEMENT 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: QUEST MANAGEMENT 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	QUEST FOOD MANAGEMENT SERVICES
Employer identification number (EIN):	863225600
NAIC Classification:	722300
NAIC Description:	Special Food Services