Plan Ledger DOL Form 5500 · updated monthly

Medical Air Services Association, Inc.401(k)

MASA GLOBAL 401(K) PLAN · PLANTATION, FL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Medical Air Services Association, Inc. reported $17,851 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,460 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 1 year on file its reported administrative ratio rose from 0.20% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (2,104th of 3,644), and 4,237th of 4,798 in finance & insurance. In 2024, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,376,490
Participants with balances390
Active participants221
Employer contributions$543,602
Employee contributions$1,495,132
Employer contribution per active participant$2,460
Average account balance$18,914
Benefits paid to participants$1,218,966
Plan auditUnmodified (clean) audit opinion
AuditorKSDT & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$7.4M · 390 accts · $544K emplr
2023$5.7M · 338 accts · $469K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,515
Total administrative$17,851
The Medical Air Services Association, Inc. 401(k) match · 2024
Employer contribution per active participant$2,460
Median for plans this size$1,313
2024$2,460 per active participant
2023$2,381 per active participant

Medical Air Services Association, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
AXXCESS WEALTH MANAGEMENT, LLCindirect comp

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

Administrative cost history2
2024$17,851 · 0.27%
2023$9,332 · 0.20%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 731267483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.