Plan Ledger DOL Form 5500 · updated monthly

Armstrong Ambulance Service, Inc.401(k)

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN · ARLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Armstrong Ambulance Service, Inc. reported $85,685 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,655 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 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,361st-largest of 2,726 plans among Massachusetts employers on file, and the 773rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,792,811
Participants with balances422
Active participants242
Employer contributions$400,541
Employee contributions$652,324
Employer contribution per active participant$1,655
Average account balance$44,533
Benefits paid to participants$426,787
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 422 accts · $401K emplr
2023$14.9M · 382 accts · $290K emplr
2022$11.9M · 341 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,247
Investment management$83,438
Total administrative$85,685
The Armstrong Ambulance Service, Inc. 401(k) match · 2024
Employer contribution per active participant$1,655
Median for plans this size$2,416
2024$1,655 per active participant
2023$834 per active participant
2022$753 per active participant

Armstrong Ambulance Service, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
LPL FINANCIAL · Consulting$41,719
M3 ADVISORY GROUP · Consulting$41,719
LINCOLN NATIONAL CORPORATION · Contract administrator$2,247

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$85,685 · 0.51%
2023$66,360 · 0.50%
2022$66,574 · 0.50%
Similar plansTransportation & Warehousing · Massachusetts
Enstructure LLC MA$30.6M · 0.06%
N.R.F. Distributors, Inc. MA$22.3M · 0.43%
C.H. Powell Company MA$18.7M · 0.20%
Sterling Corporation MA$18.6M · 0.60%
Rts Holdings, LLC MA$18.5M · 0.76%
Mid-State Management, Inc. MA$17.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042747453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.