Plan Ledger DOL Form 5500 · updated monthly

Regional Paramedical Services401(k)

REGIONAL PARAMEDICAL SERVICES 401(K) PROFIT SHARING PLAN & TRUST · JASPER, AL · plan year 2024

Reported admin expense ratio · 2024
1.91%

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

Regional Paramedical Services reported $58,187 in plan administrative expenses for 2024: 1.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $372 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 3 years on file its reported administrative ratio has held roughly steady near 1.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Alabama (722nd of 902), and 1,890th of 2,677 in transportation & warehousing. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,350,006
Participants with balances161
Active participants377
Employer contributions$140,277
Employee contributions$319,778
Employer contribution per active participant$372
Average account balance$20,807
Benefits paid to participants$173,802
Plan auditUnmodified (clean) audit opinion
AuditorDENT MOSES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 161 accts · $140K emplr
2023$2.8M · 161 accts · $143K emplr
2022$2.2M · 177 accts · $137K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,187
Total administrative$58,187
The Regional Paramedical Services 401(k) match · 2024
Employer contribution per active participant$372
Median for plans this size$1,313
2024$372 per active participant
2023$372 per active participant
2022$356 per active participant

Regional Paramedical Services's 2024 employer contribution ran below the $1,313 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 · 20243
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$30,499
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$3,925
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$14,575

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, Transamerica
2023Ascensus, Transamerica

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

Administrative cost history3
2024$58,187 · 1.91%
2023$40,656 · 1.63%
2022$42,909 · 1.82%
Similar plansTransportation & Warehousing · Alabama
Robbie D. Wood, Inc. AL$5.5M · 0.03%
Segers Aero Corporation AL$5.3M · 0.97%
Ct Stevedoring, Inc. AL$4.3M · 0.24%
Trantham Services, Inc. AL$3.8M · 1.46%
Blg Logistics, Inc. AL$2.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630957564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.