Plan Ledger DOL Form 5500 · updated monthly

Raleigh Radiology Associates, Inc.401(k)

RALEIGH RADIOLOGY ASSOCIATES, INC. PROFIT SHARING PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Raleigh Radiology Associates, Inc. reported $169,129 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $13,632 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 0.29% to 0.26%. 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 289th-largest of 2,005 plans among North Carolina employers on file, and the 1,437th of 11,911 in health care & social assistance. In 2024, the employer put in $1.81 for every $1.00 employees contributed themselves; active participation has grown from 162 to 219 since 2022.

Plan summary
Net assets, end of year$70,514,982
Participants with balances307
Active participants219
Employer contributions$2,985,345
Employee contributions$1,649,528
Employer contribution per active participant$13,632
Average account balance$229,690
Benefits paid to participants$2,382,996
Plan auditUnmodified (clean) audit opinion
AuditorAC CPA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$70.5M · 307 accts · $3.0M emplr
2023$58.0M · 264 accts · $2.3M emplr
2022$47.9M · 213 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$169,129
Total administrative$169,129
The Raleigh Radiology Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$13,632
Median for plans this size$3,635
2024$13,632 per active participant
2023$11,897 per active participant
2022$13,000 per active participant

Raleigh Radiology Associates, Inc.'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
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$80,110
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,098
LOREN D. STARK COMPANY · Other servicesindirect comp

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$169,129 · 0.26%
2023$142,516 · 0.27%
2022$147,391 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Carteret General Hospital NC$74.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560954803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.