Plan Ledger DOL Form 5500 · updated monthly

Marietta Dermatology Associates PA401(k)

MARIETTA DERMATOLOGY ASSOCIATES, P.A. 401-K PROFIT SHARING PLAN · MARIETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Marietta Dermatology Associates PA reported $120,864 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,229 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 0.38% to 0.51%. 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 739th-largest of 2,160 plans among Georgia employers on file, and the 3,103rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.86 for every $1.00 employees contributed themselves; active participation has grown from 112 to 143 since 2022.

Plan summary
Net assets, end of year$25,745,213
Participants with balances300
Active participants143
Employer contributions$890,699
Employee contributions$478,209
Employer contribution per active participant$6,229
Average account balance$85,817
Benefits paid to participants$568,287
Plan auditUnmodified (clean) audit opinion
AuditorELLIOT DAVIS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.7M · 300 accts · $891K emplr
2023$22.1M · 241 accts · $844K emplr
2022$22.8M · 194 accts · $752K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,864
Total administrative$120,864
The Marietta Dermatology Associates PA 401(k) match · 2024
Employer contribution per active participant$6,229
Median for plans this size$2,416
2024$6,229 per active participant
2023$6,254 per active participant
2022$6,711 per active participant

Marietta Dermatology Associates PA'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 · 20246
FUTUREPLAN BY ASCENSUS · Recordkeeping · Pension consulting$21,981
JOHN HANCOCK USA · Recordkeeping · Investment management$18,856
MORGAN STANLEY · Investment management · Securities brokerage$32,571
WELLS FARGO FUND MANAGEMENT LLC · Investment management · Securities brokerage$27,283
ROCKEFELLER GROUP AT MORGAN STANLEY · Investment management · Securities brokerage$13,379
CHARLES SCHWABB · Investment management · Securities brokerage$6,793

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, John Hancock
2023Ascensus

This plan has changed recordkeepers within these filings. If you left Marietta Dermatology Associates PA before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$120,864 · 0.51%
2023$91,884 · 0.41%
2022$92,271 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Au Medical Associates GA$29.8M · 0.00%
In Compass Health, Inc GA$29.3M · 0.43%
Ent of Georgia, LLC GA$25.3M · 0.24%
Horizons Diagnostics LLC GA$22.8M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581132160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.