Back to filter
Original filing (PDF)20250730094629NAL0007823970001
QUALITY PROGRESSIONS
Form 5500
FILING_RECEIVED
QUALITY PROGRESSIONS 403(B) PLAN
403(b) retirement plan
Signals · 2
~145 bps in Sched C fees6 service providers
Active participants
97
Accounts w/ balance
124
Plan assets (EOY)
$5.5M
Net assets (EOY)
$5.5M
How this plan invests
This plan
31 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 145 bps in Schedule C fees — 179% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for QUALITY PROGRESSIONS.
Plan sponsor
Name
QUALITY PROGRESSIONS
EIN
41-2130419
Address
ONE BELMONT AVE, SUITE 900 · BALA CYNWYD, PA · 190040000
Phone
(267) 765-2001
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-30
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2L · 403(b)(1) annuity
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
MCKONLY & ASBURY, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $19K | — |
Broker
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AME | — | GREENWOOD VILLAGE, CO | BROKER/ADVISE MGMT | $19K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALLIANT INSURANCE SERVICES | 33-0785439 | NEW YORK, NY | CONTRACT ADMIN | $20K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALLIANT INSURANCE SERVICES INC DBA | — | NEW YORK, NY | — | $20K | — |
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $1K | — |
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | — | $1K | — |
Investments
31 direct securities· $5.7M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Target Retirement 2050 INV Mutual Fund | — | — | — | $1.3M | 22.8% | |
| Vanguard Target Retirement 2040 INV Mutual Fund | — | — | — | $1.0M | 18.9% | |
| Vanguard Target Retirement 2030 INV Mutual Fund | — | — | — | $656K | 11.8% | |
| Vanguard Target Retirement 2035 INV Mutual Fund | — | — | — | $436K | 7.9% | |
| Vanguard Target Retirement 2055 INV Mutual Fund | — | — | — | $335K | 6.1% | |
| Vanguard Target Retirement Income INV Mutual Fund | — | — | — | $263K | 4.7% | |
| Vanguard Target Retirement 2045 INV Mutual Fund | — | — | — | $243K | 4.4% | |
| Neuberger Berman Genesis R6 Mutual Fund | — | — | — | $203K | 3.7% | |
| Guaranteed Interest Fund Fixed Annuity Contract | — | — | — | $192K | 3.5% | |
| Vanguard Target Retirement 2060 INV Mutual Fund | — | — | — | $190K | 3.4% | |
| Fidelity 500 Index Mutual Fund | — | — | — | $141K | 2.6% | |
| various maturity dates $-0- | — | — | — | $118K | 2.1% | |
| PARTICPIANT LOANS INTEREST RATES: 4.25% TO 9.50% | — | — | — | $118K | 2.1% | |
| Fidelity International Index Mutual Fund | — | — | — | $70K | 1.3% | |
| Fidelity Contrafund K Mutual Fund | — | — | — | $59K | 1.1% | |
| Vanguard Target Retirement 2065 INV Mutual Fund | — | — | — | $53K | 1.0% | |
| Fidelity Mid Cap Index Mutual Fund | — | — | — | $40K | 0.7% | |
| Fidelity Small Cap Index Mutual Fund | — | — | — | $38K | 0.7% | |
| Fidelity Emerging Markets Index Mutual Fund | — | — | — | $28K | 0.5% | |
| Fidelity Real Estate Index Mutual Fund | — | — | — | $27K | 0.5% | |
| MFS Mid Cap Value R6 Mutual Fund | — | — | — | $27K | 0.5% | |
| American Funds Washington Mutual R6 Mutual Fund | — | — | — | $22K | 0.4% | |
| Fidelity Large Cap Value Index Mutual Fund | — | — | — | $16K | 0.3% | |
| Fidelity US Bond Index Mutual Fund | — | — | — | $14K | 0.2% | |
| Fidelity Large Cap Growth Index Mutual Fund | — | — | — | $13K | 0.2% | |
| American Funds EuroPacific Gr R6 Mutual Fund | — | — | — | $12K | 0.2% | |
| Vanguard Target Retirement 2070 INV Mutual Fund | — | — | — | $11K | 0.2% | |
| JPMorgan Equity Income R6 Mutual Fund 462 JPMorgan Mid Cap Growth R6 Mutual Fund | — | — | — | $7K | 0.1% | |
| PGIM Total Return Bond R6 Mutual Fund | — | — | — | $6K | 0.1% | |
| Janus Henderson Balanced N Mutual Fund | — | — | — | $4K | <0.1% | |
| Calvert Balanced R6 Mutual Fund | — | — | — | $2K | <0.1% |