Plan Ledger DOL Form 5500 · updated monthly

Advanced Radiology Services, P.C.401(k)

ADVANCED RADIOLOGY SERVICES, P. C. 401(K) PROFIT-SHARING PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Advanced Radiology Services, P.C. reported $187,263 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $28,480 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.13% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 155th-largest of 2,619 plans among Michigan employers on file, and the 661st of 11,911 in health care & social assistance. In 2024, the employer put in $4.59 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$192,089,292
Participants with balances466
Active participants367
Employer contributions$10,452,193
Employee contributions$2,276,205
Employer contribution per active participant$28,480
Average account balance$412,209
Benefits paid to participants$25,071,898
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$192.1M · 466 accts · $10.5M emplr
2023$178.9M · 479 accts · $12.8M emplr
2022$149.1M · 453 accts · $11.9M emplr
The Advanced Radiology Services, P.C. 401(k) match · 2024
Employer contribution per active participant$28,480
Median for plans this size$3,635
2024$28,480 per active participant
2023$32,323 per active participant
2022$29,249 per active participant

Advanced Radiology Services, P.C.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$58,606
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$92,756
CBIZ BENEFITS & INS SVCS · Accounting / audit$25,224
ADVANCE WEALTH$18,886
UHY LLP$11,378

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$187,263 · 0.10%
2023$174,582 · 0.11%
2022$199,655 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Holland Hospital MI$241.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383380785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.