Plan Ledger DOL Form 5500 · updated monthly

Memorial Mri & Diagnostic, PLLC401(k)

MEMORIAL MRI & DIAGNOSTIC, PLLC 401 (K) PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.42%

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

Memorial Mri & Diagnostic, PLLC reported $15,061 in plan administrative expenses for 2023: 0.42% of average plan assets, below the peer median. Employer contributions averaged $733 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 0.50% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,235th of 5,688), and 8,375th of 11,911 in health care & social assistance. In 2023, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,252,496
Participants with balances144
Active participants386
Employer contributions$283,003
Employee contributions$477,833
Employer contribution per active participant$733
Average account balance$29,531
Benefits paid to participants$168,017
Plan auditUnmodified (clean) audit opinion
AuditorTHE ARMSTRONG GROUP, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 166 accts · $280K emplr
2023$4.3M · 144 accts · $283K emplr
2022$3.0M · 135 accts · $267K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,061
Total administrative$15,061
The Memorial Mri & Diagnostic, PLLC 401(k) match · 2023
Employer contribution per active participant$733
Median for plans this size$1,308
2024$731 per active participant
2023$733 per active participant
2022$738 per active participant

Memorial Mri & Diagnostic, PLLC's 2023 employer contribution ran below the $1,308 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NATIONWIDE LIFE INSURANCE COMPANY$15,423
PRIME CAPITAL INVESTMENT ADVISORS, · Investment advisory (plan)$12,500
ROGER BLACKMON · Investment advisory (plan)$2,400

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$16,934 · 0.41%
2023$15,061 · 0.42%
2022$13,745 · 0.50%
Same employer
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A World for Children TX$4.3M · 0.38%
Autism Treatment Center TX$4.2M · 0.25%
El Centro de Corazon TX$4.2M · 0.79%
Reach Unlimited, Inc. TX$4.1M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760677442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.