Plan Ledger DOL Form 5500 · updated monthly

Midwest Medical Transport Company, LLC401(k)

MIDWEST MEDICAL TRANSPORT 401(K) PLAN · COLUMBUS, NE · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

Midwest Medical Transport Company, LLC reported $119,799 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $714 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 0.21% to 1.13%. 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 Nebraska (344th of 565), and the 5,253rd of 11,911 in health care & social assistance. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has grown from 1,010 to 1,508 since 2022.

Plan summary
Net assets, end of year$11,627,287
Participants with balances813
Active participants1,508
Employer contributions$1,077,029
Employee contributions$1,715,839
Employer contribution per active participant$714
Average account balance$14,302
Benefits paid to participants$1,914,417
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 813 accts · $1.1M emplr
2023$9.7M · 1,033 accts · $805K emplr
2022$5.8M · 877 accts · $580K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,656
Investment management$2,143
Total administrative$119,799
The Midwest Medical Transport Company, LLC 401(k) match · 2024
Employer contribution per active participant$714
Median for plans this size$2,416
2024$714 per active participant
2023$685 per active participant
2022$574 per active participant

Midwest Medical Transport Company, LLC'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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$72,751
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$36,205
MGKS · Plan administrator$7,800
USI SECURITIES, INC. · Insurance broker · Insurance servicesindirect 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
2024John Hancock, Transamerica
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Midwest Medical Transport Company, LLC 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$119,799 · 1.13%
2023$26,535 · 0.34%
2022$13,172 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Physicians Laboratory, P.C. NE$13.2M · 0.32%
Nye Health Services NE$8.9M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470829179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.