Plan Ledger DOL Form 5500 · updated monthly

Metro West Ambulance, Inc.401(k)

METRO WEST AMBULANCE SERVICE RETIREMENT PLAN · HILLSBORO, OR · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Metro West Ambulance, Inc. reported $111,414 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $961 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 rose from 0.07% to 0.29%. 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 222nd-largest of 1,021 plans among Oregon employers on file, and the 2,252nd of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 966 to 1,208 since 2022.

Plan summary
Net assets, end of year$39,607,056
Participants with balances569
Active participants1,208
Employer contributions$1,160,324
Employee contributions$1,865,365
Employer contribution per active participant$961
Average account balance$69,608
Benefits paid to participants$3,375,119
Plan auditUnmodified (clean) audit opinion
AuditorFORDHAM & CO LLP.
Plan history3
Yearassets · accounts · employer contribution
2024$39.6M · 569 accts · $1.2M emplr
2023$38.1M · 537 accts · $500K emplr
2022$33.2M · 655 accts · $471K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,324
Investment management$94,090
Total administrative$111,414
The Metro West Ambulance, Inc. 401(k) match · 2024
Employer contribution per active participant$961
Median for plans this size$2,416
2024$961 per active participant
2023$474 per active participant
2022$488 per active participant

Metro West Ambulance, 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$89,835
TPG FINANCIAL ADVISORS, LLC · Investment advisory (plan)$94,090

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
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$111,414 · 0.29%
2023$77,882 · 0.22%
2022$22,957 · 0.07%
Similar plansHealth Care & Social Assistance · Oregon
Santiam Memorial Hospital OR$41.8M · 0.21%
Radiology Associates, P.C. OR$40.5M · 0.28%
Cascadia Health OR$38.9M · 0.14%
Praxis Health, P.C. OR$34.0M · 0.37%
Lifeworks Nw OR$32.6M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910877398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.