Plan Ledger DOL Form 5500 · updated monthly

Partners for Quality, Inc.401(k)

PARTNERS FOR QUALITY, INC. 401(K) PLAN · MCKEES ROCKS, PA · plan year 2024

Reported admin expense ratio · 2024
0.44%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Partners for Quality, Inc. reported $152,895 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,497 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,046th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,440th of 11,911 in health care & social assistance. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,564,557
Participants with balances606
Active participants727
Employer contributions$1,088,441
Employee contributions$1,311,700
Employer contribution per active participant$1,497
Average account balance$58,687
Benefits paid to participants$4,382,996
Plan auditUnmodified (clean) audit opinion
AuditorMAHER DUESSEL
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 606 accts · $1.1M emplr
2023$34.0M · 616 accts · $1.1M emplr
2022$30.8M · 674 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$152,895
Total administrative$152,895
The Partners for Quality, Inc. 401(k) match · 2024
Employer contribution per active participant$1,497
Median for plans this size$2,416
2024$1,497 per active participant
2023$1,565 per active participant
2022$1,563 per active participant

Partners for Quality, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$133,406
METRO BENEFITS, INC. · Contract administrator · Other services$19,489
NORTHWESTERN MUTUAL WEALTH MGMT · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$152,895 · 0.44%
2023$143,490 · 0.44%
2022$130,836 · 0.43%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Primary Health Network PA$36.4M · 0.36%
Uniontown Hospital PA$35.6M · 0.22%
Somerset Hospital PA$33.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550886515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.