Plan Snapshot
- Plan Sponsor: Quality Progressions
- Sponsor EIN: 412130419
- Sponsor Address: ONE BELMONT AVE, SUITE 900, BALA CYNWYD, PA, 190040000
- Plan Type: 403(b)
- Total Participants: 97
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 97 | $5.5M | $203,477 | $285,866 |
| 2023 | 104 | $5.4M | $202,825 | $286,181 |
| 2022 | 88 | $4.4M | $198,142 | $274,404 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MCKONLY & ASBURY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCKONLY & ASBURY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $34,824 | — | $34,824 | — | — |
| 2023 | $29,227 | — | $29,227 | — | — |
| 2022 | $28,795 | — | $28,795 | — | — |