Plan Ledger DOL Form 5500 · updated monthly

Ambitions, Inc401(k)

AMBITIONS 401 K PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Ambitions, Inc reported $82,113 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,249 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 2 years on file its reported administrative ratio fell from 0.97% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 108th-largest of 437 plans among Nevada employers on file, and the 3,159th of 11,911 in health care & social assistance. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,007,596
Participants with balances1,276
Active participants1,110
Employer contributions$1,386,521
Employee contributions$2,038,207
Employer contribution per active participant$1,249
Average account balance$19,598
Benefits paid to participants$2,195,761
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 1,276 accts · $1.4M emplr
2023$21.3M · 1,206 accts · $1.3M emplr
2022$16.8M · 1,150 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,113
Total administrative$82,113
The Ambitions, Inc 401(k) match · 2024
Employer contribution per active participant$1,249
Median for plans this size$2,416
2024$1,249 per active participant
2023$1,296 per active participant
2022$1,158 per active participant

Ambitions, Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20244
NATIONWIDE · Recordkeeping$156,878
EPIC TRUST INVESTMENT ADVISORS LLC · Investment advisory (participants)$42,167
PROACCOUNT · Investment advisory (participants)$21,153
PROFESSIONAL BENEFIT SERVICES · Other services$18,028

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024$82,113 · 0.35%
2023$203,274 · 1.07%
2022$169,209 · 0.97%
Same employer
Similar plansHealth Care & Social Assistance · Nevada
Nevada Health Centers, Inc. NV$23.0M · 0.56%
Las Vegas Urology, LLP NV$21.1M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205129505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.