Plan Ledger DOL Form 5500 · updated monthly

Platinum Nine Holdings LLC401(k)

PLATINUM NINE HOLDINGS DBA NW AMBULANCE 401(K) PLAN · EVERETT, WA · plan year 2024

Reported admin expense ratio · 2024
1.90%

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

Platinum Nine Holdings LLC reported $58,365 in plan administrative expenses for 2024: 1.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,307 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 0.46% to 1.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,458th of 1,714), and 8,918th of 11,911 in health care & social assistance. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 180 to 343 since 2022.

Plan summary
Net assets, end of year$3,491,621
Participants with balances387
Active participants343
Employer contributions$448,372
Employee contributions$691,950
Employer contribution per active participant$1,307
Average account balance$9,022
Benefits paid to participants$663,669
Plan auditUnmodified (clean) audit opinion
AuditorVSH PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 387 accts · $448K emplr
2023$2.7M · 451 accts · $286K emplr
2022$1.8M · 262 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,365
Total administrative$58,365
The Platinum Nine Holdings LLC 401(k) match · 2024
Employer contribution per active participant$1,307
Median for plans this size$1,313
2024$1,307 per active participant
2023$845 per active participant
2022$1,261 per active participant

Platinum Nine Holdings LLC's 2024 employer contribution ran below the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$58,365

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

Recordkeeper by year2
2024Vanguard
2023ADP, Vanguard

This plan has changed recordkeepers within these filings. If you left Platinum Nine Holdings 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$58,365 · 1.90%
2023$13,519 · 0.61%
2022$7,701 · 0.46%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Housing Hope WA$3.9M · 0.03%
Keiro Northwest WA$3.7M · 0.86%
The Ashley House WA$3.3M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204384107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.