Plan Ledger DOL Form 5500 · updated monthly

Certified Dermatology of New Jersey, LLC.401(k)

CERTIFIED DERMATOLOGY OF NJ, LLC. 401(K) PLAN · TOMS RIVER, NJ · plan year 2022

Reported admin expense ratio · 2022
0.09%

Certified Dermatology of New Jersey, LLC. reported $450 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (2,313th of 2,419), and 11,464th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$400,473
Participants with balances22
Active participants113
Employer contributions—
Employee contributions$88,958
Employer contribution per active participant—
Average account balance$18,203
Benefits paid to participants$156,113
Plan auditUnmodified (clean) audit opinion
AuditorNORTH JERSEY CPA'S
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$400K · 22 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$450
Total administrative$450
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$450 · 0.09%
Similar plansHealth Care & Social Assistance · New Jersey
Sundance Kids LLC NJ$390K · 0.61%
Chemisys Laboratories LLC NJ$304K · 0.68%
Unicity Homecare NJ$287K · 4.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474792482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.