QUALIO has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023 : QUALIO 401(K) PLAN 2023 401k financial data |
|---|
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $2,388,207 |
| Total of all expenses incurred | 2023-12-31 | $1,959,774 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,954,753 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $0 |
| Value of total corrective distributions | 2023-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,669,756 |
| Value of total assets at end of year | 2023-12-31 | $4,492,713 |
| Value of total assets at beginning of year | 2023-12-31 | $4,064,280 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $5,021 |
| Total interest from all sources | 2023-12-31 | $3,482 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $103,844 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $103,844 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2023-12-31 | $0 |
| Contributions received from participants | 2023-12-31 | $981,005 |
| Participant contributions at end of year | 2023-12-31 | $22,717 |
| Participant contributions at beginning of year | 2023-12-31 | $77,871 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $221,566 |
| Other income not declared elsewhere | 2023-12-31 | $443 |
| Administrative expenses (other) incurred | 2023-12-31 | $0 |
| Total non interest bearing cash at end of year | 2023-12-31 | $2,909 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $-26,489 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $428,433 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $4,492,713 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $4,064,280 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $3,245 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $4,467,087 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $4,001,421 |
| Interest on participant loans | 2023-12-31 | $3,482 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $0 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $11,477 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $11,477 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $610,682 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $467,185 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,954,753 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | FRANK, RIMERMAN + CO. LLP |
| Accountancy firm EIN | 2023-12-31 | 941341042 |
| 2022 : QUALIO 401(K) PLAN 2022 401k financial data |
|---|
| 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 | $1,983,840 |
| Total of all expenses incurred | 2022-12-31 | $578,329 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $574,867 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $0 |
| Value of total corrective distributions | 2022-12-31 | $679 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $2,554,740 |
| Value of total assets at end of year | 2022-12-31 | $4,064,280 |
| Value of total assets at beginning of year | 2022-12-31 | $2,658,769 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $2,783 |
| Total interest from all sources | 2022-12-31 | $4,053 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $80,363 |
| 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 | $80,363 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| 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 |
| Amount of non-exempt transactions with any party-in-interest | 2022-12-31 | $0 |
| Contributions received from participants | 2022-12-31 | $1,462,374 |
| Participant contributions at end of year | 2022-12-31 | $77,871 |
| Participant contributions at beginning of year | 2022-12-31 | $94,239 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $296,615 |
| Other income not declared elsewhere | 2022-12-31 | $-402 |
| Administrative expenses (other) incurred | 2022-12-31 | $0 |
| Total non interest bearing cash at end of year | 2022-12-31 | $-26,489 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $748 |
| 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 | $1,405,511 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $4,064,280 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $2,658,769 |
| 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 |
| Investment advisory and management fees | 2022-12-31 | $2,783 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $4,001,421 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,563,781 |
| Interest on participant loans | 2022-12-31 | $4,053 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $11,477 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $1 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $1 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-654,914 |
| 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 | Yes |
| 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 | $795,751 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $574,867 |
| Contract administrator fees | 2022-12-31 | $0 |
| 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 | FRANK, RIMERMAN + CO. LLP |
| Accountancy firm EIN | 2022-12-31 | 941341042 |
