Retirement plan

CMTS 401(K) PLAN

Name: COASTAL MEDICAL TRANSPORTATION SERVICES LLC - CMTS 401(K) PLAN (2024) Form 5500
Creator: COASTAL MEDICAL TRANSPORTATION SERVICES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CMTS 401(K) PLAN, COASTAL MEDICAL TRANSPORTATION SERVICES LLC

COASTAL MEDICAL TRANSPORTATION SERVICES LLCEIN 46-3021900Plan #001PY 2024

372, YARMOUTH ROAD - HYANNIS, MA 02601508-694-6687

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.9M

+35.5% from 2023

Total participants

911

+18.5% from 2023

Average account balance

$23,888

+2.5% from 2023

Annual return

16.56%

-1255.43 pp from 2023

Benchmarks

See 679 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort679 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$10.89M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$24K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

456

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

45.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.52M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.56%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$199

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERV Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$35,570
THE ANGELL PENSION GROUP, INC.1 year Filed as: AFC PENSIONS, INC. Service code 13 · EIN 04-2484178 200 RESERVOIR ST STE 100 · NEEDHAM, MA 02494	Contract Administrator	$23,408

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$91K

$109 / participant

Other / not subdivided$91K100.0%

% of EOY assets

0.833%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,888

$55,458-56.9%

$76,030-68.6%

$77,762-69.3%

Participation rate

45.2%

63.6%-18.4pp

69.1%-23.9pp

70.6%-25.4pp

Annual return

16.56%

17.10%-0.5pp

361.54%-345.0pp

31.27%-14.7pp

Employer contribution / active EE

$1,077

$1,792-39.9%

$2,688-59.9%

$2,728-60.5%

Participant deferral / active EE

$1,955

$3,454-43.4%

$4,257-54.1%

$4,651-58.0%

Admin fee / account holder

$199

$411-51.6%

$6,421-96.9%

$433-54.0%

Provider

Service type

Compensation

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SERV

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$35,570

THE ANGELL PENSION GROUP, INC.1 year

Filed as: AFC PENSIONS, INC.

Service code 13 · EIN 04-2484178

200 RESERVOIR ST STE 100 · NEEDHAM, MA 02494

Contract Administrator

$23,408

CMTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CMTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion