Plan Ledger DOL Form 5500 · updated monthly

Simonmed Imaging, Inc.401(k)

SIMONMED 401(K) PROFIT SHARING PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
1.36%

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

Simonmed Imaging, Inc. reported $605,840 in plan administrative expenses for 2024: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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.

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 189th-largest of 1,285 plans among Arizona employers on file, and the 1,874th of 11,911 in health care & social assistance. In 2024, employees put in $25043.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,114,834
Participants with balances4,552
Active participants2,529
Employer contributions$359
Employee contributions$8,990,750
Employer contribution per active participant$0
Average account balance$11,009
Benefits paid to participants$5,987,204
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$436,341
Investment management$39,773
Total administrative$605,840
The Simonmed Imaging, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Simonmed Imaging, Inc.'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 · 20244
THOMAS BEAL$129,726
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$21,616
EMPOWER ADVISORY GROUP, LLC · Investment management$18,157

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

Administrative cost history1
2024$605,840 · 1.36%
Similar plansHealth Care & Social Assistance · Arizona
Ironwood Physicians AZ$62.9M · 0.09%
Mountain Park Health Center AZ$46.9M · 0.13%
Child-Parent Centers Inc. AZ$46.8M · 0.35%
Sdi Services LLC AZ$44.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 845167116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.