Medical Transportation Management, Inc. 401(k) Review & Grade
Medical Transportation Management, Inc. 401(k) Profit Sharing Plan
Lake ST. Louis, MOTransportation & Warehousing3,822 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$802Employer $ per active participant
$1,574Employee $ saved per active participant
0.28%Direct admin cost, % of plan assets
$58.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity12.3 / 5025th percentile for employer $ per participant
- Low cost6.2 / 2525th percentile for low admin cost vs. same-size plans
- Employee saving2.2 / 1515th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score24 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 2,500–9,999 active participants (123 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 25th |
| Employee saving | 15th |
| Peers that auto-enroll | 46% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Medical Transportation Management put in about $802 per active participant, below the typical peer ($1,834). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.28% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,066,307 |
| Participant (employee) contributions | $6,016,986 |
| Other contributions (incl. rollovers in) | $924,238 |
| Administrative expenses paid from the plan | $150,349 |
| Contract administrator fees | $104,762 |
| Investment advisory & management fees | $45,587 |
| Benefits paid out | $6,441,893 |
| Net assets, start / end of year | $47.9M / $58.5M |
| Active participants, start / end of year | 3,210 / 4,435 |
| Participants with account balances | 1,607 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Wipfli LLP |
Largest service providers (Schedule C)
| Cetera Investment Advisers LLC | $45,587 reported compensation |
| John Hancock | $9,882 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250916130518NAL0001192243001, received 2025-09-16, EIN 43-1719762, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.