Money Purchase Β· DOL Form 5500 Β· 2024

Quality Insights Inc. Money Purchase Pension

Data updated 2026-05-15

$30M
Total assets
149
Participants
78th
Percentile by assets
$204,455
Avg per participant

Sponsored by Quality Insights, Inc. Β· West Virginia Β· Professional & Technical Services

What the 2024 filing shows

Quality Insights Inc. Money Purchase Pension holds $30M for 149 participants - about $204,455 per participant, in the top quartile of all filed plans by assets, up 8.2% over the 2024 plan year.

$30M
total plan assets (2024 EOY)
149
covered participants
78th
percentile by assets (of 116,472 plans)
$204,455
avg assets per participant
Industry
Professional & Technical Services

Money Purchase Β· DOL Form 5500 Β· 2024

What the Filing Says About Quality Insights Inc. Money Purchase Pension

Quality Insights Inc. Money Purchase Pension is a Money Purchase retirement plan sponsored by Quality Insights, Inc., headquartered in West Virginia. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $30M in total end-of-year assets and covers 149 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 550539692, and the plan has been effective since 1985-10-27. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew at a solid clip from $28M at the beginning of 2024 to $30M at year-end - up 8.2%. Net assets (after liabilities) closed the year at $30M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Quality Insights, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $25M to $30M, a gain of 22.5%, while reported participants moved from 121 to 149 (+23.1%). The strongest year on file by total sponsor assets was 2024 at $30M; the softest was 2022 at $25M. Year-by-year, sponsor-wide filings show: 2022 - $25M in assets across 1 plan covering 121 participants; 2023 - $28M in assets across 1 plan covering 120 participants; 2024 - $30M in assets across 1 plan covering 149 participants.

By assets, Quality Insights Inc. Money Purchase Pension outranks 78% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M and 730 average participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Quality Insights Inc. Money Purchase Pension against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$28M
Total Assets (End of Year)$30M
Net Assets (End of Year)$30M
Net Income$2M
Plan TypeMoney Purchase
Employer EIN550539692
Plan Effective Date1985-10-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Quality Insights, Inc.)

Year Plans Participants Total Assets
2022 1 121 $25M
2023 1 120 $28M
2024 1 149 $30M

Nearby Money Purchase Plans in West Virginia

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Quality Insights Inc. Money Purchase Pension?
As of the 2024 Form 5500 filing, Quality Insights Inc. Money Purchase Pension holds $30M in total assets with 149 participants. It is sponsored by Quality Insights, Inc..
What type of plan is Quality Insights Inc. Money Purchase Pension?
Quality Insights Inc. Money Purchase Pension is a Money Purchase plan. It has been effective since 1985-10-27. The plan is filed with the U.S. Department of Labor under EIN 550539692.
Who sponsors the Quality Insights Inc. Money Purchase Pension?
Quality Insights Inc. Money Purchase Pension is sponsored by Quality Insights, Inc., located in West Virginia. The sponsor's EIN is 550539692 and the plan operates in the Professional & Technical Services industry.
How did Quality Insights Inc. Money Purchase Pension perform in 2024?
Quality Insights Inc. Money Purchase Pension grew at a solid clip - up 8.2% during 2024, moving from $28M to $30M in total assets. Net income was $2M.

What this filing means

Ways to act on Quality Insights Inc. Money Purchase Pension's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 550539692.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.