Retirement plan

RADIOLOGY PARTNERS, INC. ASSOCIATE PLAN

Name: RADIOLOGY PARTNERS INC - RADIOLOGY PARTNERS, INC. ASSOCIATE PLAN (2023) 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 2023

2330 UTAH AVENUE., SUITE 200 - EL SEGUNDO, CA 90245424-290-8283rpgulfcoast.comLinkedIn51-200 employeesmedical practice

Other plans on this EIN

2 filings

#003Retirement-$843.3M assets #001Retirement-$358.9M assets

Prospect flagsLow returnsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$116.2M

-32.1% from 2023

Total participants

1,166

-17.1% from 2023

Average account balance

$109,105

-8.4% from 2023

Annual return

10.83%

-10.83 pp from 2023

Benchmarks

See 1,405 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,405 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

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

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.2+ years Filed as: SCHWAB RETIREMENT PLAN SERVICE, INC Service code 15 · EIN 34-1479833	Recordkeeping	$17,781
LOCKTON INVESTMENT ADVISORS, LLC1 year Filed as: LOCTON INVESTMENT ADVISORS Service code 28 · EIN 20-8874282	Investment Management	$11,480
CHARLESTON FINANCIAL ADVISORS2+ years Service code 26 · EIN 54-2165266	Advisory (Participants)	$8,669
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO, INC Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$714
CHARLES SCHWAB & CO., INC.2+ years 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

$52K

$52 / participant

Recordkeeping$15K28.7%
Investment mgmt$37K71.3%

% of EOY assets

0.045%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$109,105

$50,169+117.5%

$149,740-27.1%

$80,187+36.1%

Participation rate

90.1%

64.3%+25.8pp

78.8%+11.3pp

72.9%+17.1pp

Annual return

10.83%

29.82%-19.0pp

134.51%-123.7pp

40.40%-29.6pp

Employer contribution / active EE

$17,417

$1,869+831.7%

$4,821+261.3%

$2,980+484.5%

Participant deferral / active EE

$15,030

$3,194+370.5%

$5,683+164.5%

$5,016+199.6%

Admin fee / account holder

$49

$153-67.7%

$13,222-99.6%

$145-66.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.2+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICE, INC

Service code 15 · EIN 34-1479833

Recordkeeping

$17,781

LOCKTON INVESTMENT ADVISORS, LLC1 year

Filed as: LOCTON INVESTMENT ADVISORS

Service code 28 · EIN 20-8874282

Investment Management

$11,480

CHARLESTON FINANCIAL ADVISORS2+ years

Service code 26 · EIN 54-2165266

Advisory (Participants)

$8,669

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO, INC

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$714

CHARLES SCHWAB & CO., INC.2+ years

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