Civic Intelligence

Quality Medical Group

Plan context: Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust

EIN 22-3753625 • Somerset, NJ • 20 filings • 3 plans

50 Randolph Rd # 2Somerset, NJ 08873-1240
Current Snapshot

Latest Year

2024

2024 Participants

21

2024 Assets

$1,109,405

2024 Contributions

$66,841

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,109,405$554,703$0200520152024YearValue
$1,109,405Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

59300200520152024YearValue
21Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024121$1,109,405$66,841$3,183iApproximate average salary by contribution assumption: employee only about $79,573 at 4% or $53,048 at 6%; with 50% employer match about $53,048 at 4% or $35,366 at 6%; with 100% employer match about $39,786 at 4% or $26,524 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-21$1,109,405$66,841$3,183iApproximate average salary by contribution assumption: employee only about $79,573 at 4% or $53,048 at 6%; with 50% employer match about $53,048 at 4% or $35,366 at 6%; with 100% employer match about $39,786 at 4% or $26,524 at 6%.
2023122$959,883$59,220$2,692iApproximate average salary by contribution assumption: employee only about $67,295 at 4% or $44,864 at 6%; with 50% employer match about $44,864 at 4% or $29,909 at 6%; with 100% employer match about $33,648 at 4% or $22,432 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-22$959,883$59,220$2,692iApproximate average salary by contribution assumption: employee only about $67,295 at 4% or $44,864 at 6%; with 50% employer match about $44,864 at 4% or $29,909 at 6%; with 100% employer match about $33,648 at 4% or $22,432 at 6%.
2022122$811,051$67,172$3,053iApproximate average salary by contribution assumption: employee only about $76,332 at 4% or $50,888 at 6%; with 50% employer match about $50,888 at 4% or $33,925 at 6%; with 100% employer match about $38,166 at 4% or $25,444 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-22$811,051$67,172$3,053iApproximate average salary by contribution assumption: employee only about $76,332 at 4% or $50,888 at 6%; with 50% employer match about $50,888 at 4% or $33,925 at 6%; with 100% employer match about $38,166 at 4% or $25,444 at 6%.
2021118$748,582$76,412$4,245iApproximate average salary by contribution assumption: employee only about $106,128 at 4% or $70,752 at 6%; with 50% employer match about $70,752 at 4% or $47,168 at 6%; with 100% employer match about $53,064 at 4% or $35,376 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-18$748,582$76,412$4,245iApproximate average salary by contribution assumption: employee only about $106,128 at 4% or $70,752 at 6%; with 50% employer match about $70,752 at 4% or $47,168 at 6%; with 100% employer match about $53,064 at 4% or $35,376 at 6%.
2020116$588,599$25,527$1,595iApproximate average salary by contribution assumption: employee only about $39,886 at 4% or $26,591 at 6%; with 50% employer match about $26,591 at 4% or $17,727 at 6%; with 100% employer match about $19,943 at 4% or $13,295 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-16$588,599$25,527$1,595iApproximate average salary by contribution assumption: employee only about $39,886 at 4% or $26,591 at 6%; with 50% employer match about $26,591 at 4% or $17,727 at 6%; with 100% employer match about $19,943 at 4% or $13,295 at 6%.
2019117$530,490$15,686$923iApproximate average salary by contribution assumption: employee only about $23,068 at 4% or $15,378 at 6%; with 50% employer match about $15,378 at 4% or $10,252 at 6%; with 100% employer match about $11,534 at 4% or $7,689 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-17$530,490$15,686$923iApproximate average salary by contribution assumption: employee only about $23,068 at 4% or $15,378 at 6%; with 50% employer match about $15,378 at 4% or $10,252 at 6%; with 100% employer match about $11,534 at 4% or $7,689 at 6%.
2018114$426,001$14,205$1,015iApproximate average salary by contribution assumption: employee only about $25,366 at 4% or $16,911 at 6%; with 50% employer match about $16,911 at 4% or $11,274 at 6%; with 100% employer match about $12,683 at 4% or $8,455 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-14$426,001$14,205$1,015iApproximate average salary by contribution assumption: employee only about $25,366 at 4% or $16,911 at 6%; with 50% employer match about $16,911 at 4% or $11,274 at 6%; with 100% employer match about $12,683 at 4% or $8,455 at 6%.
2017114$518,110-$679-
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-14$518,110-$679-
2016114$475,812$70,898$5,064iApproximate average salary by contribution assumption: employee only about $126,604 at 4% or $84,402 at 6%; with 50% employer match about $84,402 at 4% or $56,268 at 6%; with 100% employer match about $63,302 at 4% or $42,201 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-14$475,812$70,898$5,064iApproximate average salary by contribution assumption: employee only about $126,604 at 4% or $84,402 at 6%; with 50% employer match about $84,402 at 4% or $56,268 at 6%; with 100% employer match about $63,302 at 4% or $42,201 at 6%.
2015114$351,643$55,944$3,996iApproximate average salary by contribution assumption: employee only about $99,900 at 4% or $66,600 at 6%; with 50% employer match about $66,600 at 4% or $44,400 at 6%; with 100% employer match about $49,950 at 4% or $33,300 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-14$351,643$55,944$3,996iApproximate average salary by contribution assumption: employee only about $99,900 at 4% or $66,600 at 6%; with 50% employer match about $66,600 at 4% or $44,400 at 6%; with 100% employer match about $49,950 at 4% or $33,300 at 6%.
2014114$318,666$21,862$1,562iApproximate average salary by contribution assumption: employee only about $39,039 at 4% or $26,026 at 6%; with 50% employer match about $26,026 at 4% or $17,351 at 6%; with 100% employer match about $19,520 at 4% or $13,013 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-14$318,666$21,862$1,562iApproximate average salary by contribution assumption: employee only about $39,039 at 4% or $26,026 at 6%; with 50% employer match about $26,026 at 4% or $17,351 at 6%; with 100% employer match about $19,520 at 4% or $13,013 at 6%.
2013133$285,455$20,384$618iApproximate average salary by contribution assumption: employee only about $15,442 at 4% or $10,295 at 6%; with 50% employer match about $10,295 at 4% or $6,863 at 6%; with 100% employer match about $7,721 at 4% or $5,147 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-33$285,455$20,384$618iApproximate average salary by contribution assumption: employee only about $15,442 at 4% or $10,295 at 6%; with 50% employer match about $10,295 at 4% or $6,863 at 6%; with 100% employer match about $7,721 at 4% or $5,147 at 6%.
2012117$293,725$27,802$1,635iApproximate average salary by contribution assumption: employee only about $40,885 at 4% or $27,257 at 6%; with 50% employer match about $27,257 at 4% or $18,171 at 6%; with 100% employer match about $20,443 at 4% or $13,628 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-17$293,725$27,802$1,635iApproximate average salary by contribution assumption: employee only about $40,885 at 4% or $27,257 at 6%; with 50% employer match about $27,257 at 4% or $18,171 at 6%; with 100% employer match about $20,443 at 4% or $13,628 at 6%.
2011117$241,512$30,672$1,804iApproximate average salary by contribution assumption: employee only about $45,106 at 4% or $30,071 at 6%; with 50% employer match about $30,071 at 4% or $20,047 at 6%; with 100% employer match about $22,553 at 4% or $15,035 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-17$241,512$30,672$1,804iApproximate average salary by contribution assumption: employee only about $45,106 at 4% or $30,071 at 6%; with 50% employer match about $30,071 at 4% or $20,047 at 6%; with 100% employer match about $22,553 at 4% or $15,035 at 6%.
2010117$210,534$25,497$1,500iApproximate average salary by contribution assumption: employee only about $37,496 at 4% or $24,997 at 6%; with 50% employer match about $24,997 at 4% or $16,665 at 6%; with 100% employer match about $18,748 at 4% or $12,499 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-17$210,534$25,497$1,500iApproximate average salary by contribution assumption: employee only about $37,496 at 4% or $24,997 at 6%; with 50% employer match about $24,997 at 4% or $16,665 at 6%; with 100% employer match about $18,748 at 4% or $12,499 at 6%.
2009116$164,938$22,838$1,427iApproximate average salary by contribution assumption: employee only about $35,684 at 4% or $23,790 at 6%; with 50% employer match about $23,790 at 4% or $15,860 at 6%; with 100% employer match about $17,842 at 4% or $11,895 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-16$164,938$22,838$1,427iApproximate average salary by contribution assumption: employee only about $35,684 at 4% or $23,790 at 6%; with 50% employer match about $23,790 at 4% or $15,860 at 6%; with 100% employer match about $17,842 at 4% or $11,895 at 6%.
2008134$114,109$32,969$970iApproximate average salary by contribution assumption: employee only about $24,242 at 4% or $16,161 at 6%; with 50% employer match about $16,161 at 4% or $10,774 at 6%; with 100% employer match about $12,121 at 4% or $8,081 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-34$114,109$32,969$970iApproximate average salary by contribution assumption: employee only about $24,242 at 4% or $16,161 at 6%; with 50% employer match about $16,161 at 4% or $10,774 at 6%; with 100% employer match about $12,121 at 4% or $8,081 at 6%.
2007120$128,852$26,845$1,342iApproximate average salary by contribution assumption: employee only about $33,556 at 4% or $22,371 at 6%; with 50% employer match about $22,371 at 4% or $14,914 at 6%; with 100% employer match about $16,778 at 4% or $11,185 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-20$128,852$26,845$1,342iApproximate average salary by contribution assumption: employee only about $33,556 at 4% or $22,371 at 6%; with 50% employer match about $22,371 at 4% or $14,914 at 6%; with 100% employer match about $16,778 at 4% or $11,185 at 6%.
2006118$97,572$82,401$4,578iApproximate average salary by contribution assumption: employee only about $114,446 at 4% or $76,297 at 6%; with 50% employer match about $76,297 at 4% or $50,865 at 6%; with 100% employer match about $57,223 at 4% or $38,149 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-18$97,572$82,401$4,578iApproximate average salary by contribution assumption: employee only about $114,446 at 4% or $76,297 at 6%; with 50% employer match about $76,297 at 4% or $50,865 at 6%; with 100% employer match about $57,223 at 4% or $38,149 at 6%.
2005159$11,497$11,266$191iApproximate average salary by contribution assumption: employee only about $4,774 at 4% or $3,182 at 6%; with 50% employer match about $3,182 at 4% or $2,122 at 6%; with 100% employer match about $2,387 at 4% or $1,591 at 6%.
Quality Medical Group Inc 401(K) Profit Sharing Plan & Trust-59$11,497$11,266$191iApproximate average salary by contribution assumption: employee only about $4,774 at 4% or $3,182 at 6%; with 50% employer match about $3,182 at 4% or $2,122 at 6%; with 100% employer match about $2,387 at 4% or $1,591 at 6%.