Qspec Solutions Incorporated
Plan context: Qspec Solutions Employee Stock Ownership Plan
EIN 48-1221332 • 5 filings • 1 plans
Current Snapshot
Latest Year
2024
2024 Participants
18
2024 Assets
$1,197,000
2024 Contributions
$190,613
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 18 | $1,197,000 | $190,613 | $10,590iApproximate average salary by contribution assumption: employee only about $264,740 at 4% or $176,494 at 6%; with 50% employer match about $176,494 at 4% or $117,662 at 6%; with 100% employer match about $132,370 at 4% or $88,247 at 6%. |
| Qspec Solutions Employee Stock Ownership Plan | - | 18 | $1,197,000 | $190,613 | $10,590iApproximate average salary by contribution assumption: employee only about $264,740 at 4% or $176,494 at 6%; with 50% employer match about $176,494 at 4% or $117,662 at 6%; with 100% employer match about $132,370 at 4% or $88,247 at 6%. |
| 2023 | 1 | 18 | $568,521 | $125,000 | $6,944iApproximate average salary by contribution assumption: employee only about $173,611 at 4% or $115,741 at 6%; with 50% employer match about $115,741 at 4% or $77,160 at 6%; with 100% employer match about $86,806 at 4% or $57,870 at 6%. |
| Qspec Solutions Employee Stock Ownership Plan | - | 18 | $568,521 | $125,000 | $6,944iApproximate average salary by contribution assumption: employee only about $173,611 at 4% or $115,741 at 6%; with 50% employer match about $115,741 at 4% or $77,160 at 6%; with 100% employer match about $86,806 at 4% or $57,870 at 6%. |
| 2022 | 1 | 19 | $918,784 | $319,750 | $16,829iApproximate average salary by contribution assumption: employee only about $420,724 at 4% or $280,482 at 6%; with 50% employer match about $280,482 at 4% or $186,988 at 6%; with 100% employer match about $210,362 at 4% or $140,241 at 6%. |
| Qspec Solutions Employee Stock Ownership Plan | - | 19 | $918,784 | $319,750 | $16,829iApproximate average salary by contribution assumption: employee only about $420,724 at 4% or $280,482 at 6%; with 50% employer match about $280,482 at 4% or $186,988 at 6%; with 100% employer match about $210,362 at 4% or $140,241 at 6%. |
| 2021 | 1 | 21 | $845,451 | $106,000 | $5,048iApproximate average salary by contribution assumption: employee only about $126,190 at 4% or $84,127 at 6%; with 50% employer match about $84,127 at 4% or $56,085 at 6%; with 100% employer match about $63,095 at 4% or $42,063 at 6%. |
| Qspec Solutions Employee Stock Ownership Plan | - | 21 | $845,451 | $106,000 | $5,048iApproximate average salary by contribution assumption: employee only about $126,190 at 4% or $84,127 at 6%; with 50% employer match about $84,127 at 4% or $56,085 at 6%; with 100% employer match about $63,095 at 4% or $42,063 at 6%. |
| 2020 | 1 | 25 | $802,082 | $300,000 | $12,000iApproximate average salary by contribution assumption: employee only about $300,000 at 4% or $200,000 at 6%; with 50% employer match about $200,000 at 4% or $133,333 at 6%; with 100% employer match about $150,000 at 4% or $100,000 at 6%. |
| Qspec Solutions Employee Stock Ownership Plan | - | 25 | $802,082 | $300,000 | $12,000iApproximate average salary by contribution assumption: employee only about $300,000 at 4% or $200,000 at 6%; with 50% employer match about $200,000 at 4% or $133,333 at 6%; with 100% employer match about $150,000 at 4% or $100,000 at 6%. |