Plan Ledger DOL Form 5500 · updated monthly

North Atlanta Dermatology, P.C.401(k)

NORTH ATLANTA DERMATOLOGY, P.C. PROFIT SHARING PLAN · DULUTH, GA · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

North Atlanta Dermatology, P.C. reported $62,011 in plan administrative expenses for 2022: 0.73% of average plan assets, above the peer median. Employer contributions averaged $2,787 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (1,397th of 2,160), and 6,577th of 11,911 in health care & social assistance. In 2022, the employer put in $1.27 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,704,040
Participants with balances98
Active participants70
Employer contributions$195,108
Employee contributions$153,944
Employer contribution per active participant$2,787
Average account balance$78,613
Benefits paid to participants$472,921
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$7.7M · 98 accts · $195K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,691
Investment management$40,320
Total administrative$62,011
The North Atlanta Dermatology, P.C. 401(k) match · 2022
Employer contribution per active participant$2,787
Median for plans this size$1,114

North Atlanta Dermatology, P.C.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$62,011 · 0.73%
Similar plansHealth Care & Social Assistance · Georgia

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 582357525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.