Plan Ledger DOL Form 5500 · updated monthly

Mobile Medical Response, Incorporated401(k)

MOBILE MEDICAL RESPONSE, INCORPORATED 401(K) PLAN · SAGINAW, MI · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Mobile Medical Response, Incorporated reported $124,029 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,265 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 0.67% to 0.72%. 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 1,102nd-largest of 2,619 plans among Michigan employers on file, and the 3,917th of 11,911 in health care & social assistance. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,327,571
Participants with balances738
Active participants649
Employer contributions$820,858
Employee contributions$1,872,471
Employer contribution per active participant$1,265
Average account balance$24,834
Benefits paid to participants$2,116,554
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 738 accts · $821K emplr
2023$15.9M · 830 accts · $837K emplr
2022$13.4M · 667 accts · $752K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,935
Investment management$75,094
Total administrative$124,029
The Mobile Medical Response, Incorporated 401(k) match · 2024
Employer contribution per active participant$1,265
Median for plans this size$2,416
2024$1,265 per active participant
2023$1,348 per active participant
2022$1,251 per active participant

Mobile Medical Response, Incorporated'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
M HOLDINGS SECURITIES INC · Investment advisory (plan)$40,841
EMPOWER ADVISORY GROUP, LLC · Investment management$33,639
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$614

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$124,029 · 0.72%
2023$100,114 · 0.68%
2022$97,532 · 0.67%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Cns Healthcare MI$18.5M · 0.49%
McKenzie Memorial Hospital MI$18.1M · 0.28%
Hegira Health, Inc. MI$17.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383198397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.