Plan Ledger DOL Form 5500 · updated monthly

Brewster Ambulance Service, Inc.401(k)

BREWSTER AMBULANCE SERVICE 401(K) RETIREMENT PLAN · WEYMOUTH, MA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Brewster Ambulance Service, Inc. reported $82,635 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $494 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 1.13% to 0.59%. 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 among the smaller plans on file in Massachusetts (1,526th of 2,726), and the 4,369th of 11,911 in health care & social assistance. In 2024, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,570,628
Participants with balances439
Active participants1,104
Employer contributions$545,563
Employee contributions$1,675,047
Employer contribution per active participant$494
Average account balance$35,468
Benefits paid to participants$848,445
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 439 accts · $546K emplr
2023$12.5M · 392 accts · $443K emplr
2022$9.9M · 370 accts · $366K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,082
Investment management$44,553
Total administrative$82,635
The Brewster Ambulance Service, Inc. 401(k) match · 2024
Employer contribution per active participant$494
Median for plans this size$2,416
2024$494 per active participant
2023$399 per active participant
2022$357 per active participant

Brewster Ambulance Service, 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$38,157
LINCOLN INVESTMENT PLANNING, INC. · Investment advisory (plan)$44,553
ANGELL PENSION GROUP · Contract administratorindirect comp

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

Recordkeeper by year2
2024The Standard
2023PCS Retirement, The Standard

This plan has changed recordkeepers within these filings. If you left Brewster Ambulance Service, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$82,635 · 0.59%
2023$121,519 · 1.08%
2022$120,658 · 1.13%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Springwell, Inc. MA$14.7M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800553448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.