Kwph Enterprises DBA American Ambulance 401(k) Review & Grade
American Ambulance 401(k) Retirement Plan
Fresno, CAHealth Care & Social Assistance809 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,215Employer $ per active participant
$1,564Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$40.6MNet plan assets, end of year
$51,529Average balance per account
Score breakdown
- Employer generosity27.9 / 5056th percentile for employer $ per participant
- Low cost13.9 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving5.2 / 1534th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 56th |
| Lower admin cost | 56th |
| Employee saving | 34th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($36 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Kwph Enterprises DBA American Ambulance put in about $1,215 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $983,038 |
| Participant (employee) contributions | $1,265,667 |
| Other contributions (incl. rollovers in) | $12,897 |
| Administrative expenses paid from the plan | $72,383 |
| Investment advisory & management fees | $1,977 |
| Other admin expenses | $20,900 |
| Benefits paid out | $2,300,954 |
| Net assets, start / end of year | $35.4M / $40.6M |
| Active participants, start / end of year | 708 / 910 |
| Participants with account balances | 788 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cuttone & Mastro Cpa's |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $49,025 reported compensation |
| Global Retirement Partners, LLC | $18,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251107135531NAL0000950018001, received 2025-11-07, EIN 94-2281434, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.