Plan Ledger DOL Form 5500 · updated monthly

Dermatology Consultants, P.C.401(k)

DERMATOLOGY CONSULTANTS, P. C. PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Dermatology Consultants, P.C. reported $62,121 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $5,164 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 rose from 0.57% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,300th of 2,160), and 6,008th of 11,911 in health care & social assistance. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has grown from 50 to 77 since 2022.

Plan summary
Net assets, end of year$9,144,316
Participants with balances106
Active participants77
Employer contributions$397,602
Employee contributions$333,468
Employer contribution per active participant$5,164
Average account balance$86,267
Benefits paid to participants$402,235
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 106 accts · $398K emplr
2023$7.9M · 106 accts · $289K emplr
2022$6.8M · 109 accts · $241K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,121
Total administrative$62,121
The Dermatology Consultants, P.C. 401(k) match · 2024
Employer contribution per active participant$5,164
Median for plans this size$1,313
2024$5,164 per active participant
2023$3,754 per active participant
2022$4,828 per active participant

Dermatology Consultants, P.C.'s 2024 employer contribution ran above the $1,313 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
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$23,708
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$5,616
RAYMOND JAMES · Investment advisory (plan)$32,715

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

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

Administrative cost history3
2024$62,121 · 0.73%
2023$67,044 · 0.92%
2022$47,579 · 0.57%
Similar plansHealth Care & Social Assistance · Georgia
Nox Health Group, Inc. GA$9.1M · 0.74%
Triage Holding, Inc. GA$9.0M · 0.72%
Action Pact, Inc. GA$9.0M · 0.14%
Rezolut, LLC GA$8.9M · 0.92%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581846036 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.