401k Plan data: QUEST IRA QUALIFIED PLAN plan

QUEST IRA QUALIFIED PLAN 401k Plan overview

Plan Name	QUEST IRA QUALIFIED PLAN
Plan identification number	001

QUEST IRA QUALIFIED PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
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.
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 TRUST COMPANY has sponsored the creation of one or more 401k plans.

Company Name: QUEST TRUST COMPANY

Employer identification number (EIN): 832070897

NAIC Classification: 541110
NAIC Description: Offices of Lawyers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan QUEST IRA QUALIFIED PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 H QUINCY LONG 2023-09-27
001 2021-01-01 H QUINCY LONG 2022-10-03
001 2020-01-01 H QUINCY LONG 2021-10-06
001 2018-01-01 H QUINCY LONG 2019-07-24
001 2018-01-01 H QUINCY LONG 2021-09-03

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	H QUINCY LONG	2023-09-27
001	2021-01-01	H QUINCY LONG	2022-10-03
001	2020-01-01	H QUINCY LONG	2021-10-06
001	2018-01-01	H QUINCY LONG	2019-07-24
001	2018-01-01	H QUINCY LONG	2021-09-03

Plan Statistics for QUEST IRA QUALIFIED PLAN

401k plan membership statisitcs for QUEST IRA QUALIFIED PLAN

Measure Date Value
2022: QUEST IRA QUALIFIED PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 118
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 70
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 37
Total of all active and inactive participants 2022-01-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 107
Number of participants with account balances 2022-01-01 23
2021: QUEST IRA QUALIFIED PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 106
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 78
Number of retired or separated participants receiving benefits 2021-01-01 4
Number of other retired or separated participants entitled to future benefits 2021-01-01 25
Total of all active and inactive participants 2021-01-01 107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 107
Number of participants with account balances 2021-01-01 107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 10
2020: QUEST IRA QUALIFIED PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 87
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 75
Number of retired or separated participants receiving benefits 2020-01-01 3
Number of other retired or separated participants entitled to future benefits 2020-01-01 19
Total of all active and inactive participants 2020-01-01 97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 97
Number of participants with account balances 2020-01-01 97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 13
2018: QUEST IRA QUALIFIED PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 49
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 48
Number of retired or separated participants receiving benefits 2018-01-01 2
Number of other retired or separated participants entitled to future benefits 2018-01-01 11
Total of all active and inactive participants 2018-01-01 61
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 61
Number of participants with account balances 2018-01-01 61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 8

Measure	Date	Value
2022: QUEST IRA QUALIFIED PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	118
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	70
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	37
Total of all active and inactive participants	2022-01-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	107
Number of participants with account balances	2022-01-01	23
2021: QUEST IRA QUALIFIED PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	106
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	78
Number of retired or separated participants receiving benefits	2021-01-01	4
Number of other retired or separated participants entitled to future benefits	2021-01-01	25
Total of all active and inactive participants	2021-01-01	107
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	107
Number of participants with account balances	2021-01-01	107
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	10
2020: QUEST IRA QUALIFIED PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	87
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	75
Number of retired or separated participants receiving benefits	2020-01-01	3
Number of other retired or separated participants entitled to future benefits	2020-01-01	19
Total of all active and inactive participants	2020-01-01	97
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	97
Number of participants with account balances	2020-01-01	97
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	13
2018: QUEST IRA QUALIFIED PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	49
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	48
Number of retired or separated participants receiving benefits	2018-01-01	2
Number of other retired or separated participants entitled to future benefits	2018-01-01	11
Total of all active and inactive participants	2018-01-01	61
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	61
Number of participants with account balances	2018-01-01	61
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	8

Financial Data on QUEST IRA QUALIFIED PLAN

Measure	Date	Value
2022 : QUEST IRA QUALIFIED PLAN 2022 401k financial data
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$167,510
Expenses. Total of all expenses incurred	2022-12-31	$129,884
Benefits paid (including direct rollovers)	2022-12-31	$105,749
Total plan assets at end of year	2022-12-31	$5,195,628
Total plan assets at beginning of year	2022-12-31	$5,158,002
Value of fidelity bond covering the plan	2022-12-31	$1,000,000
Total contributions received or receivable from participants	2022-12-31	$204,640
Expenses. Other expenses not covered elsewhere	2022-12-31	$5,000
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-401,739
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$37,626
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$5,195,628
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$5,158,002
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$24,345
Total contributions received or receivable from employer(s)	2022-12-31	$364,609
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$19,135
2021 : QUEST IRA QUALIFIED PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$890,565
Expenses. Total of all expenses incurred	2021-12-31	$184,969
Benefits paid (including direct rollovers)	2021-12-31	$181,846
Total plan assets at end of year	2021-12-31	$5,158,002
Total plan assets at beginning of year	2021-12-31	$4,452,406
Value of fidelity bond covering the plan	2021-12-31	$1,000,000
Total contributions received or receivable from participants	2021-12-31	$208,322
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$332,262
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$705,596
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$5,158,002
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$4,452,406
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$42,088
Total contributions received or receivable from employer(s)	2021-12-31	$349,981
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$3,123
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : QUEST IRA QUALIFIED PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$909,439
Expenses. Total of all expenses incurred	2020-12-31	$191,522
Benefits paid (including direct rollovers)	2020-12-31	$189,909
Total plan assets at end of year	2020-12-31	$4,452,406
Total plan assets at beginning of year	2020-12-31	$3,734,489
Value of fidelity bond covering the plan	2020-12-31	$1,000,000
Total contributions received or receivable from participants	2020-12-31	$205,502
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$389,130
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$717,917
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$4,452,406
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$3,734,489
Assets. Value of assets in partnership/joint-venture interests	2020-12-31	$60,088
Total contributions received or receivable from employer(s)	2020-12-31	$314,807
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$1,613
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
2018 : QUEST IRA QUALIFIED PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$776,320
Expenses. Total of all expenses incurred	2018-12-31	$2,219
Benefits paid (including direct rollovers)	2018-12-31	$2,219
Total plan assets at end of year	2018-12-31	$3,109,507
Total plan assets at beginning of year	2018-12-31	$2,335,406
Value of fidelity bond covering the plan	2018-12-31	$1,593,000
Total contributions received or receivable from participants	2018-12-31	$168,525
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$395,076
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$774,101
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$3,109,507
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,335,406
Assets. Value of participant loans	2018-12-31	$991,241
Assets. Value of assets in partnership/joint-venture interests	2018-12-31	$1,130,742
Assets. Value of real-estate (other than employer real property)	2018-12-31	$0
Total contributions received or receivable from employer(s)	2018-12-31	$212,719
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0

Form 5500 Responses for QUEST IRA QUALIFIED PLAN

2022: QUEST IRA QUALIFIED 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	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: QUEST IRA QUALIFIED 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	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: QUEST IRA QUALIFIED 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	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2018: QUEST IRA QUALIFIED PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

QUEST IRA QUALIFIED PLAN [EIN = 161636608]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	QUEST TRUST COMPANY
Employer identification number (EIN):	832070897
NAIC Classification:	541110
NAIC Description:	Offices of Lawyers