Plan Ledger DOL Form 5500 · updated monthly

Advanced Dermatology Associates, LTD.401(k)

ADVANCED DERMATOLOGY ASSOCIATES, LTD. 401(K) PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.25%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Advanced Dermatology Associates, LTD. reported $70,431 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $7,709 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.29% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,190th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,795th of 11,911 in health care & social assistance. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$29,801,036
Participants with balances124
Active participants102
Employer contributions$786,276
Employee contributions$524,795
Employer contribution per active participant$7,709
Average account balance$240,331
Benefits paid to participants$2,191,704
Plan auditUnmodified (clean) audit opinion
AuditorREGAN, LEVIN, BLOSS, BROWN & SAVCHA
Plan history3
Yearassets · accounts · employer contribution
2024$29.8M · 124 accts · $786K emplr
2023$27.1M · 128 accts · $756K emplr
2022$23.7M · 130 accts · $787K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,059
Investment management$21,372
Total administrative$70,431
The Advanced Dermatology Associates, LTD. 401(k) match · 2024
Employer contribution per active participant$7,709
Median for plans this size$2,416
2024$7,709 per active participant
2023$7,482 per active participant
2022$7,491 per active participant

Advanced Dermatology Associates, LTD.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MORGAN STANLEY SMITH BARNEY LLC · Recordkeeping · Custodial (securities)$49,448
LIMESTONE PENSION ASSOCIATES, LLC · Contract administrator$3,525

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Morgan Stanley
2023Morgan Stanley

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,431 · 0.25%
2023$74,255 · 0.29%
2022$75,780 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Path, Inc. PA$30.1M · 0.06%
Mercer Bucks Cardiology, PA PA$30.1M · 0.02%
Adelphoi USA, Inc. PA$30.0M · 0.58%
Achieva PA$30.0M · 0.09%
Wesley Family Services PA$29.7M · 0.46%
Jevs Human Services PA$28.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231855600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.