Department of Labor filing

ON Q FINANCIAL, INC.

ON Q FINANCIAL 401K PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Jun 12, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

There is not enough comparable filing data to judge this plan yet. This is a filing comparison, not a complete benefits score.

$Employer support
Not reported

Reported employer contributions per active participant.

#People in the filing
0

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$293 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 28% of comparable plans
Investment performance
Not available

Plan assets changed -75.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 2023There is not enough comparable filing data to calculate this yet.

How this filing compares

Reported employer contributionsNot enough dataTypical peer $3,123 · based on 1,460 comparable plans
Lower reported administrative expense28th percentileTypical peer $161 · based on 1,479 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, ON Q FINANCIAL, INC. reported Not reported in employer contributions across the plan and 0 active participants. That works out to Not reported per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy0%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendNot enough history

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 21.7%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer contextNot enough data

Comparable-plan data is too limited for a score.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
Not reported
Participant contributions
$494,523
Other contributions
$317,148
Employer share of reported contributions
Not reported
Beginning assets
$13,414,910
Ending assets
$3,240,557
Ending net assets
$3,240,557
Ending liabilities
$0
Total income
$2,548,149
Total expenses
$12,722,502
Administrative expenses
$88,605
Participant loans
$114,874

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$749
2023
Not reported
2024
Not reported
Plan-paid administrative expenses per participant
2022
$241
2023
$242
2024
$293
Active participants
2022
300
2023
195
2024
0
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024Not reported03.2M20250612070911NAL0016534001001
2023Not reported19513.4M20241014133354NAL0027401777001
2022$74930012.9M20231016164053NAL0039063377001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
3.5%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
510517525-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2005
Industry
Finance and insurance
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3D2A

Current plan terms

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Filing ACK_ID20250612070911NAL0016534001001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗