Plan Ledger DOL Form 5500 · updated monthly

Radiology Associates, P.A.401(k)

RADIOLOGY ASSOCIATES, P.A. PROFIT SHARING PLAN · LITTLE ROCK, AR · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Radiology Associates, P.A. reported $309,811 in plan administrative expenses for 2023: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $18,783 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 1 year on file its reported administrative ratio rose from 0.29% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 40th-largest of 456 plans among Arkansas employers on file, and the 1,096th of 11,911 in health care & social assistance. In 2023, the employer put in $1.76 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$101,229,844
Participants with balances223
Active participants133
Employer contributions$2,498,188
Employee contributions$1,416,956
Employer contribution per active participant$18,783
Average account balance$453,945
Benefits paid to participants$6,905,483
Plan auditUnmodified (clean) audit opinion
AuditorRASCO WINTER THOMAS GROUP
Plan history2
Yearassets · accounts · employer contribution
2023$101.2M · 223 accts · $2.5M emplr
2022$90.5M · 224 accts · $2.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$138,417
Investment management$132,796
Audit (IQPA)$33,000
Total administrative$309,811
The Radiology Associates, P.A. 401(k) match · 2023
Employer contribution per active participant$18,783
Median for plans this size$3,659
2023$18,783 per active participant
2022$15,361 per active participant

Radiology Associates, P.A.'s 2023 employer contribution ran above the $3,659 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 · 20236
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$138,417
STEPHENS INC · Investment management$132,693
HOGAN TAYLOR LLP · Accounting / audit$33,000
FRIDAY ELDREDGE & CLARK LLP · Legal$5,598
CHARLES SCHWAB & CO.,INC. · Securities brokerage$102
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Administrative cost history2
2023$309,811 · 0.32%
2022$292,410 · 0.29%
Similar plansHealth Care & Social Assistance · Arkansas
Aegis Therapies, Inc. AR$123.5M · 0.35%
Arkansas Children's AR$99.3M · 0.15%
Unity Health AR$75.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710395194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.