Plan Snapshot
- Plan Sponsor: Patriot Ambulance INC.
- Sponsor EIN: 042675303
- Sponsor Address: 248 MILL RD. BLDG. 2, CHELMSFORD, MA, 01824
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $4.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 75 | $4.4M | $0 | $302,997 |
| 2023 | 75 | $3.9M | $0 | $289,311 |
| 2022 | 90 | $3.4M | $0 | $316,658 |
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 |
|---|---|---|---|---|
| ALTA WEALTH ADVISORS | RIA | $16,292 | — | $16,292 |
| JESSON, OSLIN & ASSOCIATES, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,292
- Estimated Expense Ratio: 0.368% 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 | $34,276 | — | — | — | — |
| 2023 | $33,328 | — | $33,328 | — | — |
| 2022 | $11,780 | — | $11,780 | — | — |