Plan Ledger DOL Form 5500 · updated monthly

Radiology Consultants of Iowa, PLC401(k)

RADIOLOGY CONSULTANTS OF IOWA, PLC 401K PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Radiology Consultants of Iowa, PLC reported $69,476 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $17,823 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 0.16% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 151st-largest of 878 plans among Iowa employers on file, and the 1,551st of 11,911 in health care & social assistance. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$62,933,202
Participants with balances121
Active participants96
Employer contributions$1,711,019
Employee contributions$1,140,255
Employer contribution per active participant$17,823
Average account balance$520,109
Benefits paid to participants$2,995,605
Plan auditUnmodified (clean) audit opinion
AuditorBGHN ASSOCIATES, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$62.9M · 121 accts · $1.7M emplr
2023$55.2M · 113 accts · $1.7M emplr
2022$48.6M · 116 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Investment management$69,476
Total administrative$69,476
The Radiology Consultants of Iowa, PLC 401(k) match · 2024
Employer contribution per active participant$17,823
Median for plans this size$3,635
2024$17,823 per active participant
2023$18,817 per active participant
2022$18,115 per active participant

Radiology Consultants of Iowa, PLC's 2024 employer contribution ran above the $3,635 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
WF ADVISORS, LLC · Recordkeeping · Investment advisory (participants)$21,920
CWM, LLC · Investment advisory (participants)$21,072
FOSTER GROUP, INC. · Investment advisory (participants)$13,298
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$12,323

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

Recordkeeper by year2
2024WF ADVISORS, LLC
2023WF ADVISORS, LLC

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Administrative cost history3
2024$69,476 · 0.12%
2023$68,791 · 0.13%
2022$83,611 · 0.16%
Similar plansHealth Care & Social Assistance · Iowa
Mercy Care Management, Inc. IA$78.4M · 0.11%
Ora Orthopedics, P.C. IA$76.8M · 0.20%
Sioux Center Health IA$46.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421480598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.