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FORM 5500 DATA

Radiology Alliance, P.C. 401k Plan

Overview

Plan Information

  • Plan Year01/01/2016 — 12/31/2016
  • Date of Plan01/01/2001
  • Net Assets as of 12/31/2016 $58,819,627
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2016

  • Active (Eligible) Participants107
  • Retired or separated participants receiving benefits1
  • Other retired or separated participants entitled to future benefits17
  • Subtotal125
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total125
  • Total number of participants as of 01/01/2016123
  • Number of participants with account balances125
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address210 25th Ave. N Suite 602
  • CityNashville
  • StateTN
  • Zip37203
  • Telephone(615) 312-0600
  • EIN62-1828139
  • Industry Code621399
  • Named AdministratorGina Bowles

Audit Information

  • Audit StatusAudited
  • AuditorLbmc, Pc
  • Auditor EIN62-1199757
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2A Age/Service Weighted or New Comparability or Similar Plan Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New Comparability or Similar Plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the threshold or additional rate allowed under the permitted disparity rules of section 401(l)
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
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.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all 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 A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D Master plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $1,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $7,297,944
Contributions $3,388,320
Cash Contributions $3,388,320
Cash from Employers $2,052,708
Cash from Participants $1,174,063
Others (including rollovers) $161,549
Noncash Contributions $0
Total Earnings on Investments $3,895,508
Total Interest $6,005
Interest-Bearing Cash $2,885
U.S. Government Securities $3,120
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $0
Interest from Other Investments $0
Total Dividends $1,806,246
Preferred Stock $0
Common Stock $83,216
Rents $0
Net gain (loss) on sale of assets $143,094
Aggregate Proceeds $8,407,746
Aggregate Carrying Amount $8,264,652
Total Unrealized Appreciation (depreciation) of assets $82,430
Real Estate $0
Other $82,430
Net investment gain (loss) from common/collective trusts $23,468
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $1,834,265
Other Income $14,116
Expenses $505,160
Total Benefit Payments $472,550
Directly to participants or beneficiaries, including direct rollovers $472,550
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $32,610
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $32,610
Net Income $6,792,784
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2016 12/31/2015 Change YOY
Total Assets $58,819,627 $52,026,843 13.06%
Total noninterest-bearing cash $10,423 $0 0.0%
Receivables $0 $64,212 -100.00%
Employer Contributions $0 $23,187 -100.00%
Participant Contributions $0 $41,025 -100.00%
Other Contributions $0 $0 0.0%
General Investments $3,451,179 $2,431,395 41.94%
Interest-bearing cash $3,348,048 $2,326,753 43.89%
U.S. Government Securities $103,131 $104,642 -1.44%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $3,604,030 $2,926,395 23.16%
Preferred $0 $0 0.0%
Common $3,604,030 $2,926,395 23.16%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $0 $0 0.0%
Value of interest in common/collective trusts $2,869,768 $2,842,363 0.96%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $48,512,940 $43,409,611 11.76%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $371,287 $352,867 5.22%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $58,819,627 $52,026,843 13.06%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Investments Institutional

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Robert W. Baird and Co. Investment advisory (plan) Advisor $31,435 $0 $31,435
Fidelity Investments Institutional Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees, Securities brokerage commissions and fees Recordkeeper $4,780 $0 $4,780
Total $36,215 $0 $36,215

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Wells Fargo Asset Allocation Fd Cl Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Virtus Equity Trend Fund Class C Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Thornburg Inv Income Builder Fund C Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Templeton Developingmarkets Class A Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Oppenheimersteelpathmlp Alpha A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Selected American Shares Cl S Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional T Rowe Price Qm Us Sml Cap Grwth Eq Sub-transfer agency fees 0.04% $0
Fidelity Investments Institutional Principal Global Diversified Income Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Primecap Odyssey Growth Fund Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Pimco Stocksplus Small Fund C Sub-transfer agency fees 0.20% $0
Fidelity Investments Institutional Pimco Income Fund Cl C Sub-transfer agency fees 0.20% $0
Fidelity Investments Institutional Pimco Income Fund Cl D Sub-transfer agency fees 0.38% $0
Fidelity Investments Institutional Pimco Foreign Bond Us Dollar Hedged Sub-transfer agency fees 0.20% $0
Fidelity Investments Institutional Nicholas Fund Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional Metropolitan West Total Return Clas Sub-transfer agency fees 0.05% $0
Fidelity Investments Institutional Matthews Pacific Tiger Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Berwyn Income Fund Sub-transfer agency fees 0.12% $0
Fidelity Investments Institutional American Investmnt Co of America Cl Sub-transfer agency fees $18.00 $0
Fidelity Investments Institutional Oakmark Fund I Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Harbor Internationalinvestor Shares Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Harbor International Institutional Sub-transfer agency fees 0.08% $0
Fidelity Investments Institutional Federated Absolute Return Cl C Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Fmi International Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Fpa Crescent Fund Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Deutsche Short Duration Fd Cl S Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Blackrock Strategic Inc Opp Port Cl Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Abf Sm Cap Val Inst - Boston Finan Sub-transfer agency fees 0.04% $0
Fidelity Investments Institutional Af Growth of Amer R5 - American Fu Sub-transfer agency fees 0.05% $0
Fidelity Investments Institutional Harbor Intl Inst - Harbor Services Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Invs Grth & Inc Y - Invesco Invest Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Loomis Sm Cp Grth Is - Boston Fina Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Loomis Sm Cp Grth R - Boston Finan Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pimco Tot Return Adm - Boston Fina Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Tmpl Global Bond A - Franklin Temp Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Tmpl Global Bond Adv - Franklin Te Sub-transfer agency fees 0.15% $0
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Mip Cl 1 Fidelity Management Trust Company DFE: Common/Collective Trust $2,869,768
Total $2,869,768

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Mass Mutual Life Insurance 1
EIN 04-1590850
Industry Code 65935
Contract Number VARIOUS
Contract Year 01/01/2016 — 12/31/2016
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Sinks Robert Timothy 12 Cadillac Dr., Suite 440 Brentwood, TN 37027 Insurance Agent or Broker $0 $0
Allocated Funds
Type of Contract Individual Policies
Basis of premium rates
Premiums paid to carrier $7,896
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Unspecified
Balance at the end of the previous year $298,034
Additions $14,116
Contributions Deposited during the year $0
Dividends and credits $14,116
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $312,150
Deductions $312,150
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $312,150
Balance at the end of the current year $0
Prudential Financial 1
EIN 22-1211670
Industry Code 68241
Contract Number PFS2682
Contract Year 01/01/2016 — 12/31/2016
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $575
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Prudential Annuities Distributors P.O.Box 13467 Philadelphia, PA 19176 Insurance Agent or Broker $575 $0
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Unspecified
Balance at the end of the previous year $54,832
Additions $4,335
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $4,335
Transferred from separate account $0
Other $0
Total of Balance and Additions $59,167
Deductions $30
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $30
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $59,137