Plan Ledger DOL Form 5500 · updated monthly

Radiology Imaging Associates401(k)

RADIOLOGY IMAGING ASSOCIATES, LLC 401K PROFIT SHARING PLAN · DAYTONA BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Radiology Imaging Associates reported $84,287 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $7,378 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 0.12% to 0.08%. 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 295th-largest of 3,644 plans among Florida employers on file, and the 1,010th of 11,911 in health care & social assistance. In 2024, the employer put in $1.59 for every $1.00 employees contributed themselves; active participation has grown from 352 to 559 since 2022.

Plan summary
Net assets, end of year$112,449,917
Participants with balances543
Active participants559
Employer contributions$4,124,328
Employee contributions$2,592,284
Employer contribution per active participant$7,378
Average account balance$207,090
Benefits paid to participants$7,096,338
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS GRAY & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$112.4M · 543 accts · $4.1M emplr
2023$97.0M · 480 accts · $3.5M emplr
2022$90.2M · 481 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,568
Investment management$8,453
Total administrative$84,287
The Radiology Imaging Associates 401(k) match · 2024
Employer contribution per active participant$7,378
Median for plans this size$3,635
2024$7,378 per active participant
2023$8,773 per active participant
2022$8,857 per active participant

Radiology Imaging Associates'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$72,568
GRAY ROBINSON ATTORNEY AT LAW · Recordkeeping · Pension consulting$8,000
MCHENRY ADVISERS, INC · Consulting$30,600

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

Recordkeeper by year2
2024ADP, GRAY ROBINSON ATTORNEY AT LAW
2023ADP

This plan has changed recordkeepers within these filings. If you left Radiology Imaging Associates before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$84,287 · 0.08%
2023$55,223 · 0.06%
2022$118,945 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Lakeview Center, Inc. FL$116.7M · 0.30%
One Call Corporation FL$97.7M · 0.39%
Kidz Medical Services, Inc. FL$90.7M · 0.23%
Bond & Steele Clinic, P.A. FL$89.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591289802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.