Plan Ledger DOL Form 5500 · updated monthly

Radnet, Inc.401(k)

RADNET 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Radnet, Inc. reported $867,565 in plan administrative expenses for 2024: 0.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $373 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 3 years on file its reported administrative ratio has held roughly steady near 0.216%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 305th-largest of 9,483 plans among California employers on file, and the 364th of 11,911 in health care & social assistance. In 2024, employees put in $12.96 for every $1.00 the employer contributed; active participation has grown from 8,212 to 9,787 since 2022.

Plan summary
Net assets, end of year$436,572,694
Participants with balances11,311
Active participants9,787
Employer contributions$3,647,168
Employee contributions$47,266,166
Employer contribution per active participant$373
Average account balance$38,597
Benefits paid to participants$40,487,261
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$436.6M · 11,311 accts · $3.6M emplr
2023$366.4M · 10,655 accts · $3.3M emplr
2022$291.6M · 9,678 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$782,565
Investment management$85,000
Total administrative$867,565
The Radnet, Inc. 401(k) match · 2024
Employer contribution per active participant$373
Median for plans this size$4,294
2024$373 per active participant
2023$363 per active participant
2022$372 per active participant

Radnet, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$782,565
RAYMOND JAMES & ASSOCIATES INC. · Investment advisory (plan)$85,000

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$867,565 · 0.22%
2023$729,684 · 0.22%
2022$675,034 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · California
Eisenhower Medical Center CA$435.5M · 0.12%
Pih Health, Inc CA$423.3M · 0.15%
Emanate Health CA$418.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954377348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.