Partners for Quality, Inc. 401(k) Review & Grade
Partners for Quality, Inc. 401(k) Plan
Mckees Rocks, PAHealth Care & Social Assistance721 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,510Employer $ per active participant
$1,819Employee $ saved per active participant
0.44%Direct admin cost, % of plan assets
$35.6MNet plan assets, end of year
$58,687Average balance per account
Score breakdown
- Employer generosity31.0 / 5062th percentile for employer $ per participant
- Low cost6.8 / 2527th percentile for low admin cost vs. same-size plans
- Employee saving5.8 / 1539th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 62th |
| Lower admin cost | 27th |
| Employee saving | 39th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $7,517 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Partners for Quality put in about $1,510 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Direct plan expenses (0.44% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,088,441 |
| Participant (employee) contributions | $1,311,700 |
| Other contributions (incl. rollovers in) | $135,126 |
| Administrative expenses paid from the plan | $152,895 |
| Contract administrator fees | $152,895 |
| Benefits paid out | $4,382,996 |
| Net assets, start / end of year | $34.0M / $35.6M |
| Active participants, start / end of year | 715 / 727 |
| Participants with account balances | 606 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Maher Duessel |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $133,406 reported compensation |
| Northwestern Mutual Wealth Mgmt | $50,967 reported compensation |
| Metro Benefits, Inc. | $33,186 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260414130805NAL0015901377001, received 2026-04-14, EIN 55-0886515, plan #002, plan year 2024-07-01 to 2025-06-30. Verify at efast.dol.gov.