ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 87 MYSTIC ST.,ARLINGTON,MA
  • Contact person: RICHARD RAYMOND
  • Phone: (781) 859-1303

Plan General Information

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN is $14,850,029.00.This plan was established in 1995.

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN is 352

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN is $42,187.00

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN is $1,806.00.

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN is approximately $824.00
Investing in this additonal $824.00 for 20 years would give you extra $52,762.00, assuming a 10% annual return.

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN Total Employer Contribution and Match Rate

In 2023, ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN allocates $290,196.00 to match its employees' contributions, providing an employer match rate of 49.59% of their contributions

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN is 24.30%.

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN is 22.70%. This measures the effectiveness of the plan participants' investments in the year.

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN is 0.45%.

Enrollment Features

ARMSTRONG AMBULANCE SERVICE, INC. 401(K) RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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