Retirement plan

TEXAS RADIOLOGY ASSOCIATES 401(K) PLAN

Name: TEXAS RADIOLOGY ASSOCIATES, LLP - TEXAS RADIOLOGY ASSOCIATES 401(K) PLAN (2020) Form 5500
Creator: TEXAS RADIOLOGY ASSOCIATES, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEXAS RADIOLOGY ASSOCIATES 401(K) PLAN, TEXAS RADIOLOGY ASSOCIATES, LLP

TEXAS RADIOLOGY ASSOCIATES, LLPEIN 75-1459885Plan #004PY 2020

1820 PRESTON PARK BLVD., SUITE 2400 - PLANO, TX 75093972-867-7862medicalimagingofdallas.comLinkedIn1-10 employeeshealth, wellness and fitness

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$96.5M

+31.9% from 2019

Total participants

143

+8.3% from 2019

Average account balance

$699,540

+22.3% from 2019

Annual return

27.26%

+1.86 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$127.53M

Not enough data

1 years with asset history on file

Average account balance

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

$845K

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.

151

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$55K

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

+18.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$404

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
JP MORGAN INVESTMENT MANAGEMENT INC4 years Filed as: FRONTIER INVESTMENT MANAGEMENT Service code 99 · EIN 75-2328323	Other Fees	$25,587
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB & CO, INC. Service code 71 · EIN 94-1737782	Brokerage Fees	$7,223
EFFICENT MKT ADVISORS2 years Service code 99 · EIN 27-3047790	Other Fees	$5,273
SFMG LLC1 year Service code 99 · EIN 20-2107602	Other Fees	$2,949
EATON VANCE1 year Filed as: EATON VANCE WATEROAK ADVISORS Service code 99 · EIN 20-1227351	Other Fees	$2,082

Plan features & details

Pension benefit codes2E2F2G2J2K2R3D

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.
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.
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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$40K

$327 / participant

Other / not subdivided$40K100.0%

% of EOY assets

0.041%

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: BROCKWAY GERSBACH FRANKLIN & NEIMEI
Auditor EIN: 742531836
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$699,540

$58,888+1087.9%

$178,499+291.9%

$73,493+851.8%

Participation rate

95.9%

66.2%+29.7pp

81.9%+14.0pp

70.7%+25.2pp

Annual return

27.26%

24.86%+2.4pp

151.10%-123.8pp

28.51%-1.3pp

Employer contribution / active EE

$29,006

$2,236+1197.1%

$5,011+478.8%

$2,270+1177.8%

Participant deferral / active EE

$15,103

$2,568+488.2%

$5,202+190.3%

$3,740+303.9%

Admin fee / account holder

$289

$400-27.9%

$13,986-97.9%

$513-43.7%

Provider

Service type

Compensation

JP MORGAN INVESTMENT MANAGEMENT INC4 years

Filed as: FRONTIER INVESTMENT MANAGEMENT

Service code 99 · EIN 75-2328323

Other Fees

$25,587

CHARLES SCHWAB & CO., INC.4 years

Filed as: CHARLES SCHWAB & CO, INC.

Service code 71 · EIN 94-1737782

Brokerage Fees

$7,223

EFFICENT MKT ADVISORS2 years

Service code 99 · EIN 27-3047790

Other Fees

$5,273

SFMG LLC1 year

Service code 99 · EIN 20-2107602

Other Fees

$2,949

EATON VANCE1 year

Filed as: EATON VANCE WATEROAK ADVISORS

Service code 99 · EIN 20-1227351

Other Fees

$2,082

TEXAS RADIOLOGY ASSOCIATES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEXAS RADIOLOGY ASSOCIATES 401(K) 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