Retirement plan

RADIOLOGY PARTNERS, INC. ASSOCIATE PLAN

Name: RADIOLOGY PARTNERS INC - RADIOLOGY PARTNERS, INC. ASSOCIATE PLAN (2024) Form 5500
Creator: RADIOLOGY PARTNERS INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RADIOLOGY PARTNERS, INC. ASSOCIATE PLAN, RADIOLOGY PARTNERS INC

RADIOLOGY PARTNERS INCEIN 46-1413340Plan #002PY 2024

12554 RIATA VISTA CIRCLE - AUSTIN, TX 78727424-290-8283rpgulfcoast.comLinkedIn51-200 employeesmedical practice

Other plans on this EIN

2 filings

#003Retirement-$1.05B assets #001Retirement-$412.4M assets

Prospect flagsLow returnsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$129.7M

+11.6% from 2023

Total participants

1,026

-12.0% from 2023

Average account balance

$139,287

+27.7% from 2023

Annual return

-8.50%

-19.33 pp from 2023

Benchmarks

See 4,141 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,141 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$129.68M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$139K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

931

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

88.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$43K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-8.50%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$72

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 3-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.3+ years Filed as: SCHWAB RETIREMENT PLAN SERVICE, INC Service code 15 · EIN 34-1479833	Recordkeeping	$29,556
CREATIVE PLANNING LLC1 year Filed as: CREATIVE PLANNING HOLDCO LLC Service code 28 · EIN 84-4519624	Investment Management	$13,557
CHARLESTON FINANCIAL ADVISORS3+ years Service code 26 · EIN 54-2165266	Advisory (Participants)	$9,854
MORNINGSTAR1 year Filed as: MORNINGSTAR INC Service code 28 · EIN 36-3297908	Investment Management	$6,259
MUTUAL ADVISORS LLC1 year Service code 26 · EIN 27-1193779	Advisory (Participants)	$5,168
CHARLES SCHWAB & CO., INC.1 year Service code 33 · EIN 94-1737782	Shareholder servicing fees; Direct pa...	$4,463
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO., INC.AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2G2J2K2R2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$67K

$82 / participant

Recordkeeping$19K29.0%
Investment mgmt$48K71.0%

% of EOY assets

0.052%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$139,287

$50,815+174.1%

$155,509-10.4%

$77,643+79.4%

Participation rate

88.3%

63.1%+25.2pp

78.2%+10.1pp

70.6%+17.8pp

Annual return

-8.50%

34.80%-43.3pp

64.67%-73.2pp

31.24%-39.7pp

Employer contribution / active EE

$24,965

$1,993+1152.8%

$4,672+434.3%

$2,726+815.9%

Participant deferral / active EE

$17,970

$2,822+536.8%

$5,626+219.4%

$4,647+286.7%

Admin fee / account holder

$72

$437-83.5%

$15,912-99.5%

$430-83.3%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.3+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICE, INC

Service code 15 · EIN 34-1479833

Recordkeeping

$29,556

CREATIVE PLANNING LLC1 year

Filed as: CREATIVE PLANNING HOLDCO LLC

Service code 28 · EIN 84-4519624

Investment Management

$13,557

CHARLESTON FINANCIAL ADVISORS3+ years

Service code 26 · EIN 54-2165266

Advisory (Participants)

$9,854

MORNINGSTAR1 year

Filed as: MORNINGSTAR INC

Service code 28 · EIN 36-3297908

Investment Management

$6,259

MUTUAL ADVISORS LLC1 year

Service code 26 · EIN 27-1193779

Advisory (Participants)

$5,168

CHARLES SCHWAB & CO., INC.1 year

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Direct pa...

$4,463

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO., INC.AND AFFIL

Service code 59

Shareholder Servicing

RADIOLOGY PARTNERS, INC. ASSOCIATE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RADIOLOGY PARTNERS, INC. ASSOCIATE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion