Plan Ledger DOL Form 5500 · updated monthly

Dermtech, Inc.401(k)

DERMTECH, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Dermtech, Inc. reported $8,926 in plan administrative expenses for 2023: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $273 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 0.25% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,014th of 9,483), and 7,448th of 11,654 in professional & technical services. In 2023, employees put in $51.77 for every $1.00 the employer contributed; active participation has shrunk from 278 to 211 since 2022.

Plan summary
Net assets, end of year$11,795,065
Participants with balances322
Active participants211
Employer contributions$57,626
Employee contributions$2,983,181
Employer contribution per active participant$273
Average account balance$36,631
Benefits paid to participants$2,233,620
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE,LOFGREN,MORRIS&ENGELBERG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 213 accts
2023$11.8M · 322 accts · $58K emplr
2022$8.9M · 331 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,163
Investment management$1,763
Total administrative$8,926
The Dermtech, Inc. 401(k) match · 2023
Employer contribution per active participant$273
Median for plans this size$2,440
2023$273 per active participant
2022$5,359 per active participant

Dermtech, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,163

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

Administrative cost history3
2024$30,283 · 0.29%
2023$8,926 · 0.09%
2022$17,743 · 0.25%
Same employer
Similar plansProfessional & Technical Services · California
Capella Space Corp CA$11.9M · 0.07%
Alkahest, Inc. CA$11.9M · 0.06%
Extend, Inc. CA$11.8M · 0.32%
Endsight CA$11.8M · 0.29%
Pilot.com, Inc. CA$11.7M · 0.13%
Engineering Partners Inc CA$11.7M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330708997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.