Plan Ledger DOL Form 5500 · updated monthly

Radiology Associates of Albuquerque , P.A.401(k)

RADIOLOGY ASSOCIATES OF ALBUQUERQUE , P.A. 401(K) RETIREMENT PLAN · ALBUQUERQUE, NM · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

Radiology Associates of Albuquerque , P.A. reported $100,787 in plan administrative expenses for 2023: 0.23% of average plan assets, below the peer median. Employer contributions averaged $10,668 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 0.30% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 35th-largest of 290 plans among New Mexico employers on file, and the 2,001st of 11,911 in health care & social assistance. In 2023, the employer put in $1.92 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$46,212,080
Participants with balances263
Active participants177
Employer contributions$1,888,221
Employee contributions$984,436
Employer contribution per active participant$10,668
Average account balance$175,711
Benefits paid to participants$2,609,451
Plan auditUnmodified (clean) audit opinion
AuditorPULAKOS CPAS PC
Plan history3
Yearassets · accounts · employer contribution
2024$44.4M · 252 accts · $2.0M emplr
2023$46.2M · 263 accts · $1.9M emplr
2022$40.0M · 262 accts · $2.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,254
Investment management$60,281
Trustee / custodial$7,252
Total administrative$100,787
The Radiology Associates of Albuquerque , P.A. 401(k) match · 2023
Employer contribution per active participant$10,668
Median for plans this size$2,440
2024$12,471 per active participant
2023$10,668 per active participant
2022$11,974 per active participant

Radiology Associates of Albuquerque , P.A.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SENTINEL BENEFITS GROUP, LLC · Plan administrator · Participant communication$29,804
NFP RETIREMENT INC · Investment advisory (participants) · Investment advisory (plan)$60,281
MATRIX TRUST COMPANY · Custodial (securities) · Trustee$7,252

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$112,227 · 0.25%
2023$100,787 · 0.23%
2022$130,754 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · New Mexico

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Source: U.S. Department of Labor, Form 5500 series, EIN 850214117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.