Plan Snapshot
- Plan Sponsor: Regional Medical Imaging PC
- Sponsor EIN: 382608391
- Sponsor Address: 3346 LENNON ROAD, FLINT, MI, 485071082
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 312
- Total Assets: $14.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 312 | $14.3M | $0 | $0 |
| 2024 | 240 | $12.1M | $308,872 | $812,033 |
| 2023 | 245 | $11.2M | $288,002 | $765,138 |
| 2022 | 223 | $9.0M | $245,237 | $705,911 |
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 |
|---|---|---|---|---|
| BETTERMENT LLC | Recordkeeper | $31,750 | — | $31,750 |
| KDP RETIREMENT PLAN SERVICES | Recordkeeper | $6,600 | — | $6,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,350
- Estimated Expense Ratio: 0.269% 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 |
|---|---|---|---|---|---|
| 2025 | $1,272,784 | — | — | — | — |
| 2024 | $25,006 | — | — | — | — |
| 2023 | $32,010 | $23,935 | $8,075 | — | — |
| 2022 | $24,374 | — | $24,374 | — | — |