Plan Ledger DOL Form 5500 · updated monthly

Birmingham Radiological Group, P.C.401(k)

BIRMINGHAM RADIOLOGICAL GROUP, P.C. 401(K) PROFIT SHARING PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Birmingham Radiological Group, P.C. reported $207,741 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $17,288 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 rose from 0.20% to 0.32%. 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 105th-largest of 902 plans among Alabama employers on file, and the 1,454th of 11,911 in health care & social assistance. In 2024, the employer put in $1.38 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$69,135,408
Participants with balances106
Active participants89
Employer contributions$1,538,654
Employee contributions$1,114,173
Employer contribution per active participant$17,288
Average account balance$652,221
Benefits paid to participants$5,190,698
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.1M · 106 accts · $1.5M emplr
2023$61.3M · 115 accts · $1.5M emplr
2022$53.1M · 106 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Investment management$207,741
Total administrative$207,741
The Birmingham Radiological Group, P.C. 401(k) match · 2024
Employer contribution per active participant$17,288
Median for plans this size$3,635
2024$17,288 per active participant
2023$14,354 per active participant
2022$14,241 per active participant

Birmingham Radiological Group, 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 · 20242
MERRILL LYNCH · Investment advisory (plan)$25,043

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

Administrative cost history3
2024$207,741 · 0.32%
2023$161,196 · 0.28%
2022$128,182 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Premier Medical Group, Inc. AL$83.3M · 0.19%
The Ssi Group, LLC. AL$69.1M · 0.01%
Naphcare U.S., Inc. AL$61.1M · 0.33%
Oncology Specialties, P.C. AL$58.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630587021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.