Plan Ledger DOL Form 5500 · updated monthly

Gem State Radiology LLP401(k)

GEM STATE RADIOLOGY PROFIT SHARING PLAN · BOISE, ID · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Gem State Radiology LLP reported $191,652 in plan administrative expenses for 2022: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $12,428 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 0.53% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 60th-largest of 349 plans among Idaho employers on file, and the 2,387th of 11,911 in health care & social assistance. In 2022, the employer put in $1.68 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$36,828,608
Participants with balances158
Active participants129
Employer contributions$1,603,155
Employee contributions$952,115
Employer contribution per active participant$12,428
Average account balance$233,092
Benefits paid to participants$4,999,902
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 164 accts · $1.6M emplr
2023$31.1M · 158 accts · $1.6M emplr
2022$36.8M · 158 accts · $1.6M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,780
Investment management$188,872
Total administrative$191,652
The Gem State Radiology LLP 401(k) match · 2022
Employer contribution per active participant$12,428
Median for plans this size$2,266
2024$11,740 per active participant
2023$12,105 per active participant
2022$12,428 per active participant

Gem State Radiology LLP's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$102,332 · 0.33%
2023$218,129 · 0.64%
2022$191,652 · 0.53%
All plans at this employer2
GEM STATE RADIOLOGY MONEY PURCHASE PENSION PLANMoney purchase plan
GEM STATE RADIOLOGY PROFIT SHARING PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Idaho
Mountain View Hospital LLC ID$70.1M · 0.91%
Gritman Medical Center ID$47.5M · 0.33%
Full Circle Health, Inc. ID$32.9M · 0.15%
Bmh, Inc. ID$27.2M · 0.04%
Cascadia Healthcare ID$26.9M · 1.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 826041596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.