Plan Ledger DOL Form 5500 · updated monthly

Pinnacle Dermatology Management LLC401(k)

PINNACLE DERMATOLOGY 401(K) PROFIT SHARING PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Pinnacle Dermatology Management LLC reported $228,921 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,262 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 0.24% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 186th-largest of 1,496 plans among Tennessee employers on file, and the 1,206th of 11,911 in health care & social assistance. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 986 to 1,963 since 2022.

Plan summary
Net assets, end of year$87,751,995
Participants with balances1,504
Active participants1,963
Employer contributions$4,440,658
Employee contributions$8,959,997
Employer contribution per active participant$2,262
Average account balance$58,346
Benefits paid to participants$9,230,362
Plan auditUnmodified (clean) audit opinion
AuditorPORTE BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$87.8M · 1,504 accts · $4.4M emplr
2023$60.4M · 1,507 accts · $3.3M emplr
2022$21.1M · 611 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$170,882
Investment management$58,039
Total administrative$228,921
The Pinnacle Dermatology Management LLC 401(k) match · 2024
Employer contribution per active participant$2,262
Median for plans this size$3,635
2024$2,262 per active participant
2023$1,620 per active participant
2022$1,657 per active participant

Pinnacle Dermatology Management LLC's 2024 employer contribution ran below the $3,635 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 · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$58,039

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$228,921 · 0.31%
2023$89,132 · 0.22%
2022$49,389 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
The West Clinic PLLC TN$98.2M · 0.25%
Cimplify TN$91.3M · 0.11%
Newstat, PLLC TN$81.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815044060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.