Plan Ledger DOL Form 5500 · updated monthly

Radiology Regional Center, P.A.401(k)

RADIOLOGY REGIONAL CENTER, P.A. PROFIT SHARING/401(K) PLAN · FORT MYERS, FL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Radiology Regional Center, P.A. reported $14,039 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,535 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 0.19% to 0.04%. 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 736th-largest of 3,644 plans among Florida employers on file, and the 2,511th of 11,911 in health care & social assistance. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,265,519
Participants with balances1,109
Active participants484
Employer contributions$1,226,906
Employee contributions$1,958,933
Employer contribution per active participant$2,535
Average account balance$30,898
Benefits paid to participants$4,788,913
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.3M · 1,109 accts · $1.2M emplr
2023$30.9M · 1,080 accts · $1.3M emplr
2022$26.7M · 919 accts · $895K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,759
Trustee / custodial$11,280
Total administrative$14,039
The Radiology Regional Center, P.A. 401(k) match · 2024
Employer contribution per active participant$2,535
Median for plans this size$2,416
2024$2,535 per active participant
2023$2,379 per active participant
2022$1,670 per active participant

Radiology Regional Center, P.A.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20242
MILLIMAN, INC. · Recordkeeping · Participant communication$2,759
MATRIX TRUST COMPANY · Custodial (securities) · Trustee (directed)$11,280

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$14,039 · 0.04%
2023$45,676 · 0.16%
2022$55,195 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Rcma FL$32.4M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591750596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.