Plan Ledger DOL Form 5500 · updated monthly

X-Ray Associates of New Mexico, P.C.401(k)

X-RAY ASSOCIATES OF NEW MEXICO, P. C. 401(K) PROFIT SHARING PLAN AND TRUST · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

X-Ray Associates of New Mexico, P.C. reported $71,650 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $7,254 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 rose from 0.08% to 0.10%. 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 25th-largest of 290 plans among New Mexico employers on file, and the 1,328th of 11,911 in health care & social assistance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 233 to 274 since 2022.

Plan summary
Net assets, end of year$76,828,057
Participants with balances356
Active participants274
Employer contributions$1,987,687
Employee contributions$1,705,954
Employer contribution per active participant$7,254
Average account balance$215,809
Benefits paid to participants$5,328,696
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$76.8M · 356 accts · $2.0M emplr
2023$69.4M · 334 accts · $1.8M emplr
2022$59.1M · 313 accts · $1.5M emplr
The X-Ray Associates of New Mexico, P.C. 401(k) match · 2024
Employer contribution per active participant$7,254
Median for plans this size$3,635
2024$7,254 per active participant
2023$7,060 per active participant
2022$6,553 per active participant

X-Ray Associates of New Mexico, P.C.'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$67,205
ALPHAPOINT INC · Investment advisory (plan)$5,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$71,650 · 0.10%
2023$51,126 · 0.08%
2022$53,960 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · New Mexico
St. Vincent Hospital NM$176.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850364164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.