Plan Ledger DOL Form 5500 · updated monthly

Associates in Dermatology401(k)

ASSOCIATES IN DERMATOLOGY PLLC 401(K)/PROFIT SHARING PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Associates in Dermatology reported $5,500 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,479 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 0.13% to 0.01%. 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 150th-largest of 871 plans among Kentucky employers on file, and the 1,977th of 11,911 in health care & social assistance. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves; active participation has grown from 111 to 156 since 2022.

Plan summary
Net assets, end of year$46,962,908
Participants with balances198
Active participants156
Employer contributions$1,322,779
Employee contributions$990,102
Employer contribution per active participant$8,479
Average account balance$237,186
Benefits paid to participants$491,383
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.0M · 198 accts · $1.3M emplr
2023$38.3M · 186 accts · $1.2M emplr
2022$31.6M · 130 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,500
Total administrative$5,500
The Associates in Dermatology 401(k) match · 2024
Employer contribution per active participant$8,479
Median for plans this size$2,416
2024$8,479 per active participant
2023$8,108 per active participant
2022$9,215 per active participant

Associates in Dermatology'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$16,339

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$5,500 · 0.01%
2023$26,568 · 0.08%
2022$42,412 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Hosparus, Inc. KY$53.2M · 0.41%
Seven Counties Services KY$50.5M · 0.30%
Springstone Health Opco LLC KY$47.0M · 0.28%
Dismas Charities, Inc. KY$43.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611085679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.