Plan Ledger DOL Form 5500 · updated monthly

Sanova Dermatology Management, Inc.401(k)

SANOVA DERMATOLOGY 401(K) PROFIT SHARING PLAN · PFLUGERVILLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Sanova Dermatology Management, Inc. reported $68,168 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,349 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 3 years on file its reported administrative ratio has held roughly steady near 0.61%. 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 2,811th-largest of 5,688 plans among Texas employers on file, and the 5,193rd of 11,911 in health care & social assistance. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 214 to 159 since 2022.

Plan summary
Net assets, end of year$11,850,107
Participants with balances186
Active participants159
Employer contributions$532,545
Employee contributions$874,830
Employer contribution per active participant$3,349
Average account balance$63,710
Benefits paid to participants$1,727,955
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHECK CPA'S, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 186 accts · $533K emplr
2023$10.7M · 184 accts · $401K emplr
2022$8.2M · 178 accts · $459K emplr
Administrative expenses, itemized · 2024
Investment management$68,168
Total administrative$68,168
The Sanova Dermatology Management, Inc. 401(k) match · 2024
Employer contribution per active participant$3,349
Median for plans this size$2,416
2024$3,349 per active participant
2023$2,098 per active participant
2022$2,144 per active participant

Sanova Dermatology Management, Inc.'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 · 20243
GLOBAL RETIREMENT PARTNERS LLCindirect comp
WEALTH ADVISORY SERVICES, LLCindirect comp

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$68,168 · 0.61%
2023$55,295 · 0.59%
2022$48,814 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Foursquare Healthcare LTD. TX$12.1M · 0.53%
Kidkraft, Inc. TX$12.1M · 0.30%
Star of Hope Mission, Inc. TX$12.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821439663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.