Plan Ledger DOL Form 5500 · updated monthly

Action Ambulance Services, Inc.401(k)

ACTION AMBULANCE 401(K) RETIREMENT PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.81%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Action Ambulance Services, Inc. reported $60,878 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $795 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.806%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,088th of 2,726), and 6,631st of 11,911 in health care & social assistance. In 2024, employees put in $4.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,570,398
Participants with balances228
Active participants199
Employer contributions$158,286
Employee contributions$733,065
Employer contribution per active participant$795
Average account balance$33,204
Benefits paid to participants$1,599,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 228 accts · $158K emplr
2023$7.5M · 232 accts · $154K emplr
2022$6.2M · 264 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,878
Total administrative$60,878
The Action Ambulance Services, Inc. 401(k) match · 2024
Employer contribution per active participant$795
Median for plans this size$1,313
2024$795 per active participant
2023$732 per active participant
2022$924 per active participant

Action Ambulance Services, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$60,878
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$60,878 · 0.81%
2023$56,876 · 0.83%
2022$54,192 · 0.81%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Work, Inc. MA$7.7M · 0.02%
Lifepath, Inc. MA$7.6M · 0.51%
Linus Health, Inc. MA$7.6M · 0.69%
TCR2 Therapeutics, Inc. MA$7.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042614116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.