Plan Ledger DOL Form 5500 · updated monthly

Quality Progressions403(b)

QUALITY PROGRESSIONS 403(B) PLAN · BALA CYNWYD, PA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Quality Progressions reported $34,824 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $2,098 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 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (2,816th of 3,651), and 2,221st of 3,341 in other services. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 88 to 97 since 2022.

Plan summary
Net assets, end of year$5,536,846
Participants with balances124
Active participants97
Employer contributions$203,477
Employee contributions$285,866
Employer contribution per active participant$2,098
Average account balance$44,652
Benefits paid to participants$995,712
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 124 accts · $203K emplr
2023$5.4M · 137 accts · $203K emplr
2022$4.4M · 126 accts · $198K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,824
Total administrative$34,824
Employer contributions to the Quality Progressions plan · 2024
Employer contribution per active participant$2,098
Median for plans this size$1,313
2024$2,098 per active participant
2023$1,950 per active participant
2022$2,252 per active participant

Quality Progressions's 2024 employer contribution ran above the $1,313 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 · 20246
ALLIANT INSURANCE SERVICES · Contract administrator · Investment advisory (plan)$20,137
ALLIANT INSURANCE SERVICES INC DBA · Contract administrator · Investment advisory (plan)$20,137
EMPOWER ADVISORY GROUP, LLC · Investment management$1,251
EMPOWER ADVISORY GROUP, LLC · Investment management$1,251

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$34,824 · 0.63%
2023$29,227 · 0.60%
2022$28,795 · 0.62%
Similar plansOther Services · Pennsylvania
Pinebrook Family Answers PA$4.8M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 412130419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.