Retirement plan

LEHIGH VALLEY IMAGING LLC 401(K) PROFIT SHARING PLAN

Name: LEHIGH VALLEY IMAGING, LLC - LEHIGH VALLEY IMAGING LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: LEHIGH VALLEY IMAGING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEHIGH VALLEY IMAGING LLC 401(K) PROFIT SHARING PLAN, LEHIGH VALLEY IMAGING, LLC

LEHIGH VALLEY IMAGING, LLCEIN 46-4551937Plan #001PY 2024

1247 S. CEDAR CREST BLVD SUITE 105 - ALLENTOWN, PA 18103610-402-2022LinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$15.6M

+19.3% from 2023

Total participants

196

+4.8% from 2023

Average account balance

$88,009

+13.9% from 2023

Annual return

15.92%

-1.60 pp from 2023

Benchmarks

See 6,007 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,007 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.58M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

177

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.

88.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$411

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 1 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY9 years Service code 15 · EIN 01-0233346	Recordkeeping	$126

Plan features & details

Pension benefit codes2E2F2G2J2T3D3B3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$73K

$454 / participant

Other / not subdivided$73K100.0%

% of EOY assets

0.467%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BUCKNO LISICKY & COMPANY
Auditor EIN: 232426656
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,009

$55,446+58.7%

$155,574-43.4%

$74,429+18.2%

Participation rate

88.1%

61.9%+26.2pp

78.2%+9.9pp

67.2%+20.9pp

Annual return

15.92%

269.20%-253.3pp

64.87%-48.9pp

1368.38%-1352.5pp

Employer contribution / active EE

$3,084

$2,266+36.1%

$4,676-34.0%

$2,625+17.5%

Participant deferral / active EE

$4,449

$2,836+56.9%

$5,629-21.0%

$4,348+2.3%

Admin fee / account holder

$411

$1,743-76.4%

$15,914-97.4%

$1,944-78.9%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY9 years

Service code 15 · EIN 01-0233346

Recordkeeping

$126

LEHIGH VALLEY IMAGING LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEHIGH VALLEY IMAGING LLC 401(K) PROFIT SHARING 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