Plan Ledger DOL Form 5500 · updated monthly

Ohio Medical Transportation, Inc.401(k)

MEDFLIGHT 401(K) RETIREMENT SAVINGS PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Ohio Medical Transportation, Inc. reported $106,072 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,488 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 0.79% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,615th-largest of 3,295 plans among Ohio employers on file, and the 916th of 2,677 in transportation & warehousing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 525 to 449 since 2022.

Plan summary
Net assets, end of year$14,766,167
Participants with balances544
Active participants449
Employer contributions$668,310
Employee contributions$1,368,564
Employer contribution per active participant$1,488
Average account balance$27,144
Benefits paid to participants$3,781,960
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 544 accts · $668K emplr
2023$14.7M · 613 accts · $665K emplr
2022$12.9M · 674 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,201
Investment management$35,871
Total administrative$106,072
The Ohio Medical Transportation, Inc. 401(k) match · 2024
Employer contribution per active participant$1,488
Median for plans this size$2,416
2024$1,488 per active participant
2023$1,421 per active participant

Ohio Medical Transportation, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
ASCENSUS LLC · Recordkeeping$70,201
EVERHART FINANCIAL GROUP · Investment advisory (plan)$35,870

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$106,072 · 0.72%
2023$86,333 · 0.63%
2022$97,971 · 0.79%
Same employer
Similar plansTransportation & Warehousing · Ohio
Encore Technologies OH$15.2M · 0.47%
Hef-Usa, Inc. OH$14.9M · 0.52%
Cathcart Rail, LLC OH$14.8M · 0.60%
Continental Express, Inc. OH$13.5M · 0.51%
Bls Trucking, Inc. OH$13.4M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311428613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.