Plan Snapshot
- Plan Sponsor: American Ambulance Service, INC.
- Sponsor EIN: 061028857
- Sponsor Address: ONE AMERICAN WAY STE 101, NORWICH, CT, 06360
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 182
- Total Assets: $6.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 182 | $6.2M | $125,199 | $386,612 |
| 2022 | 191 | $6.3M | $116,757 | $392,669 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $44,181 | — | $44,181 |
| PRIVATE ADVISOR GROUP LLC | Investment Advisor | $30,273 | — | $30,273 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,454
- Estimated Expense Ratio: 1.210% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2023 | $74,454 | $30,273 | — | — | — |
| 2022 | $93,527 | — | $93,527 | — | — |