Plan Ledger DOL Form 5500 · updated monthly

Regional Medical Imaging PC401(k)

REGIONAL MEDICAL IMAGING PC 401K PLAN · FLINT, MI · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Regional Medical Imaging PC reported $25,006 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,287 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 0.26% to 0.22%. 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 among the smaller plans on file in Michigan (1,403rd of 2,619), and the 5,133rd of 11,911 in health care & social assistance. In 2024, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,087,825
Participants with balances323
Active participants240
Employer contributions$308,872
Employee contributions$812,033
Employer contribution per active participant$1,287
Average account balance$37,424
Benefits paid to participants$1,868,851
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 323 accts · $309K emplr
2023$11.2M · 278 accts · $288K emplr
2022$9.0M · 350 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,006
Total administrative$25,006
The Regional Medical Imaging PC 401(k) match · 2024
Employer contribution per active participant$1,287
Median for plans this size$2,416
2024$1,287 per active participant
2023$1,176 per active participant
2022$1,100 per active participant

Regional Medical Imaging PC's 2024 employer contribution ran below the $2,416 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
BETTERMENT LLC · Recordkeeping · Loan processing$22,753
KDP RETIREMENT PLAN SERVICES · Contract administrator$2,252

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

Recordkeeper by year2
2024Betterment
2023Betterment

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,006 · 0.22%
2023$32,010 · 0.32%
2022$24,374 · 0.26%
Similar plansHealth Care & Social Assistance · Michigan
S L Husain Hamzavi MD PC MI$12.5M · 0.50%
D. a. Blodgett - St. John's MI$11.0M · 0.42%
Medstar, Inc. MI$10.9M · 0.45%
Moka Corporation MI$10.7M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382608391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.