Plan Ledger DOL Form 5500 · updated monthly

Quality Life Services401(k)

QUALITY LIFE SERVICES 401(K) PLAN · BUTLER, PA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Quality Life Services reported $185,744 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $585 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 2 years on file its reported administrative ratio fell from 0.73% to 0.68%. 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 1,225th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,885th of 11,911 in health care & social assistance. In 2024, employees put in $2.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,581,771
Participants with balances841
Active participants1,249
Employer contributions$730,943
Employee contributions$2,183,032
Employer contribution per active participant$585
Average account balance$33,985
Benefits paid to participants$3,241,829
Plan auditUnmodified (clean) audit opinion
AuditorHOLSINGER, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 841 accts · $731K emplr
2023$25.8M · 875 accts · $724K emplr
2022$21.4M · 956 accts · $729K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$185,744
Total administrative$185,744
The Quality Life Services 401(k) match · 2024
Employer contribution per active participant$585
Median for plans this size$2,416
2024$585 per active participant
2023$596 per active participant
2022$614 per active participant

Quality Life Services's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$185,743
LPL FINANCIAL LLC - RPCP · 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$185,744 · 0.68%
2023$178,541 · 0.76%
2022$168,803 · 0.73%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Jevs Human Services PA$28.8M · 0.28%
Brockie Healthcare PA$27.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251306238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.