Keystone Agency Partners LLC 401(k) Review & Grade
Keystone Agency Partners 401(k) Plan
Harrisburg, PAFinance & Insurance1,486 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,835Employer $ per active participant
$6,175Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$88.5MNet plan assets, end of year
$69,114Average balance per account
Score breakdown
- Employer generosity17.9 / 5036th percentile for employer $ per participant
- Low cost18.6 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1537th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score45 / 100 · Grade C
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 75th |
| Employee saving | 37th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Keystone Agency Partners put in about $2,835 per active participant, below the typical peer ($3,606). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,214,842 |
| Participant (employee) contributions | $9,178,946 |
| Other contributions (incl. rollovers in) | $5,070,515 |
| Administrative expenses paid from the plan | $76,443 |
| Contract administrator fees | $300 |
| Investment advisory & management fees | $52,848 |
| Benefits paid out | $7,333,919 |
| Net assets, start / end of year | $67.6M / $88.5M |
| Active participants, start / end of year | 1,216 / 1,757 |
| Participants with account balances | 1,280 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bodwell Vasek Wells Desimone LLP |
Largest service providers (Schedule C)
| Morgan Stanley Smith Barney LLC | $33,000 reported compensation |
| Fidelity Investments Institutional | $23,595 reported compensation |
| Strategic Advisors, Inc. | $19,848 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013110246NAL0001163585001, received 2025-10-13, EIN 84-2940208, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.