Radiology Partners Inc 401(k) Review & Grade
Radiology Partners, Inc. 401(k) Profit Sharing Plan
Austin, TXHealth Care & Social Assistance4,535 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,825Employer $ per active participant
$5,026Employee $ saved per active participant
0.11%Direct admin cost, % of plan assets
$412.4MNet plan assets, end of year
$60,654Average balance per account
Score breakdown
- Employer generosity43.6 / 5087th percentile for employer $ per participant
- Low cost13.4 / 2554th percentile for low admin cost vs. same-size plans
- Employee saving10.9 / 1572th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 87th |
| Lower admin cost | 54th |
| Employee saving | 72th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($20,122,250 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $7,912 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Radiology Partners put in about $3,825 per active participant, more than the typical peer ($800). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $17,344,308 |
| Participant (employee) contributions | $22,791,072 |
| Other contributions (incl. rollovers in) | $4,870,899 |
| Administrative expenses paid from the plan | $427,915 |
| Investment advisory & management fees | $335,401 |
| Benefits paid out | $37,054,662 |
| Net assets, start / end of year | $358.9M / $412.4M |
| Active participants, start / end of year | 4,681 / 4,389 |
| Participants with account balances | 6,800 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services Inc | $133,346 reported compensation |
| Creative Planning Holdco LLC | $91,477 reported compensation |
| Morningstar Inc | $80,369 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014132256NAL0001452387002, received 2025-10-14, EIN 46-1413340, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.