Plan Snapshot
- Plan Sponsor: Radiology Associates Of Richmond, INC.
- Sponsor EIN: 540888075
- Sponsor Address: 2602 BUFORD RD, RICHMOND, VA, 23235
- Plan Type: 401(k)
- Total Participants: 129
- Total Assets: $85.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 129 | $85.5M | $2.9M | $1.6M |
| 2023 | 130 | $80.7M | $2.9M | $1.6M |
| 2022 | 133 | $67.2M | $2.1M | $1.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| HARRIS, HARDY & JOHNSTONE, PC | Auditor | $7,500 | — | $7,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,500
- Estimated Expense Ratio: 0.009% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $42,956 | $120,795 | — | $7,500 | — |
| 2023 | $85,917 | $112,778 | — | $32,865 | — |
| 2022 | $116,182 | — | — | — | — |