Plan Ledger DOL Form 5500 · updated monthly

Heartland Dermatology and Skin Cancer Center, P.A.401(k)

HEARTLAND DERMATOLOGY 401(K) PLAN · SALINA, KS · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Heartland Dermatology and Skin Cancer Center, P.A. reported $29,246 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,917 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 0.32% to 0.27%. 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 among the smaller plans on file in Kansas (436th of 828), and the 5,107th of 11,911 in health care & social assistance. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 113 to 132 since 2022.

Plan summary
Net assets, end of year$12,162,493
Participants with balances154
Active participants132
Employer contributions$384,994
Employee contributions$668,906
Employer contribution per active participant$2,917
Average account balance$78,977
Benefits paid to participants$283,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 154 accts · $385K emplr
2023$9.8M · 150 accts · $337K emplr
2022$7.5M · 137 accts · $334K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,246
Total administrative$29,246
The Heartland Dermatology and Skin Cancer Center, P.A. 401(k) match · 2024
Employer contribution per active participant$2,917
Median for plans this size$2,416
2024$2,917 per active participant
2023$2,693 per active participant
2022$2,954 per active participant

Heartland Dermatology and Skin Cancer Center, P.A.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20244
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$25,946
CAPITAL GROUP RETIREMENT PLAN SERVI$6,475
EGPS · Contract administrator$1,725
EGPS$300

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$29,246 · 0.27%
2023$25,242 · 0.29%
2022$24,628 · 0.32%
Similar plansHealth Care & Social Assistance · Kansas
Retina Associates, LLC KS$12.6M · 0.72%
Examinetics, Inc. KS$11.6M · 0.69%
Legend Senior Living, LLC KS$11.2M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 481145139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.