Mobile Medical Response, Incorporated 401(k) Review & Grade
Mobile Medical Response, Incorporated 401(k) Plan
Saginaw, MIHealth Care & Social Assistance642 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,278Employer $ per active participant
$2,914Employee $ saved per active participant
0.72%Direct admin cost, % of plan assets
$18.3MNet plan assets, end of year
$24,834Average balance per account
Score breakdown
- Employer generosity28.4 / 5057th percentile for employer $ per participant
- Low cost3.0 / 2512th percentile for low admin cost vs. same-size plans
- Employee saving8.3 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 57th |
| Lower admin cost | 12th |
| Employee saving | 55th |
| Peers that auto-enroll | 36% |
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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
- Mobile Medical Response, Incorporated put in about $1,278 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.72% of assets) are well above similar-size plans (0.23%). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $820,858 |
| Participant (employee) contributions | $1,872,471 |
| Other contributions (incl. rollovers in) | $28,858 |
| Administrative expenses paid from the plan | $124,029 |
| Investment advisory & management fees | $75,094 |
| Benefits paid out | $2,116,554 |
| Net assets, start / end of year | $15.9M / $18.3M |
| Active participants, start / end of year | 636 / 649 |
| Participants with account balances | 738 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Yeo & Yeo, P.C. |
Largest service providers (Schedule C)
| M Holdings Securities Inc | $40,841 reported compensation |
| Empower Annuity Insurance Company | $37,815 reported compensation |
| Empower Advisory Group, LLC | $33,639 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250717154612NAL0000290563001, received 2025-07-17, EIN 38-3198397, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.