Plan Ledger DOL Form 5500 · updated monthly

Pennsylvania Dermatology Partners, Inc.401(k)

PENNSYLVANIA DERMATOLOGY 401(K) PLAN · BIRDSBORO, PA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Pennsylvania Dermatology Partners, Inc. reported $33,035 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,853 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 0.39% to 0.51%. 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 Pennsylvania (2,536th of 3,651), and 6,494th of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 251 to 410 since 2022.

Plan summary
Net assets, end of year$7,915,999
Participants with balances474
Active participants410
Employer contributions$759,711
Employee contributions$1,223,788
Employer contribution per active participant$1,853
Average account balance$16,700
Benefits paid to participants$225,975
Plan auditUnmodified (clean) audit opinion
AuditorTHE AMERICAN AUDITORS GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 474 accts · $760K emplr
2023$5.1M · 333 accts · $503K emplr
2022$3.2M · 269 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,035
Total administrative$33,035
The Pennsylvania Dermatology Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$1,853
Median for plans this size$1,313
2024$1,853 per active participant
2023$1,404 per active participant
2022$1,503 per active participant

Pennsylvania Dermatology Partners, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$33,035

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$33,035 · 0.51%
2023$24,801 · 0.60%
2022$12,100 · 0.39%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Emergycare, Inc. PA$7.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454600640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.