Retirement plan

VALLEY RADIOLOGISTS & ASSOCIATES EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Name: VALLEY RADIOLOGISTS & ASSOCIATES, P.A. - VALLEY RADIOLOGISTS & ASSOCIATES EMPLOYEES' PROFIT SHARING PLAN AND TRUST (2023) Form 5500
Creator: VALLEY RADIOLOGISTS & ASSOCIATES, P.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALLEY RADIOLOGISTS & ASSOCIATES EMPLOYEES' PROFIT SHARING PLAN AND TRUST, VALLEY RADIOLOGISTS & ASSOCIATES, P.A.

VALLEY RADIOLOGISTS & ASSOCIATES, P.A.EIN 74-1940911Plan #002PY 2023

1717 TREASURE HILLS BLVD. - HARLINGEN, TX 785500000956-421-3041

Other plans on this EIN

1 filing

#003Retirement-$5.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$10.8M

+18.2% from 2022

Total participants

-8.3% from 2022

Average account balance

$983,283

+7.5% from 2022

Annual return

14.00%

+27.73 pp from 2022

Benchmarks

See 107,959 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort107,959 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.26M

Not enough data

1 years with asset history on file

Average account balance

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

$1.2M

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.

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.

111.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$547K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$61K

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

+17.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106662

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$184K

$20473 / participant

Other / not subdivided$184K100.0%

% of EOY assets

1.704%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$983,283

$175,259+461.0%

$149,723+556.7%

$139,487+604.9%

Participation rate

100.0%

83.4%+16.6pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

14.00%

166.82%-152.8pp

134.50%-120.5pp

373.84%-359.8pp

Employer contribution / active EE

$34,823

$5,478+535.7%

$4,821+622.3%

$4,755+632.4%

Participant deferral / active EE

$24,917

$6,522+282.1%

$5,682+338.5%

$6,713+271.2%

Admin fee / account holder

$16,750

$16,158+3.7%

$13,215+26.8%

$11,407+46.8%

VALLEY RADIOLOGISTS & ASSOCIATES EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALLEY RADIOLOGISTS & ASSOCIATES EMPLOYEES' PROFIT SHARING PLAN AND TRUST

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