Plan Ledger DOL Form 5500 · updated monthly

Radiology Associates of Venice and Englewood, P.A.401(k)

RADIOLOGY ASSOCIATES OF VENICE AND ENGLEWOOD, P.A. PROFIT SHARING PLAN · VENICE, FL · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Radiology Associates of Venice and Englewood, P.A. reported $83,401 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,534 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 0.22% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,500th-largest of 3,644 plans among Florida employers on file, and the 4,907th of 11,911 in health care & social assistance. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,016,499
Participants with balances222
Active participants124
Employer contributions$562,211
Employee contributions$415,834
Employer contribution per active participant$4,534
Average account balance$58,633
Benefits paid to participants$1,692,676
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 222 accts · $562K emplr
2023$12.1M · 235 accts · $652K emplr
2022$13.0M · 173 accts · $632K emplr
Administrative expenses, itemized · 2024
Investment management$10,053
Audit (IQPA)$73,348
Total administrative$83,401
The Radiology Associates of Venice and Englewood, P.A. 401(k) match · 2024
Employer contribution per active participant$4,534
Median for plans this size$2,416
2024$4,534 per active participant
2023$5,576 per active participant
2022$5,178 per active participant

Radiology Associates of Venice and Englewood, P.A.'s 2024 employer contribution ran above the $2,416 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 · 20244
RADIOLOGY ASSOCIATES OF VENICE & EN · Accounting / audit$73,348
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$9,416
EMPOWER ADVISORY GROUP, LLC · Investment management$637
CHARLES SCHWAB & CO., INC. · Securities brokerage$1

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$83,401 · 0.67%
2023$26,347 · 0.21%
2022$36,515 · 0.22%
Similar plansHealth Care & Social Assistance · Florida
Health Choice Network, Inc FL$13.6M · 0.39%
United Way Miami, Inc. FL$12.9M · 0.27%
Embrace Families, Inc. FL$12.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591937565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.