Plan Snapshot
- Plan Sponsor: Coastal Medical Transportation Services LLC
- Sponsor EIN: 463021900
- Sponsor Address: 372, HYANNIS, MA, 02601
- Plan Type: 401(k)
- Total Participants: 830
- Total Assets: $10.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2024 | 830 | $10.9M | $894,039 | $1.6M |
| 2023 | 345 | $8.0M | $597,352 | $1.2M |
| 2022 | 57 | $469,706 | $119,394 | $188,660 |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SERV | Recordkeeper | $35,570 | — | $35,570 |
| AFC PENSIONS, INC. | Other Service Provider | $23,408 | — | $23,408 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,978
- Estimated Expense Ratio: 0.541% 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 |
|---|---|---|---|---|---|
| 2024 | $90,768 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |