How much does Sjh Derm, Inc. contribute to its ESOP?

In 2024, employer contributions to the Sjh Derm, Inc. plan averaged $5,732 per active participant, above the $540 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Sjh Derm, Inc. 401(k)?

The average participant account balance was -$56,122 for plan year 2024, based on 202 accounts.

Sjh Derm, Inc.ESOP

Name: Sjh Derm, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

SJH DERM, INC. EMPLOYEE STOCK OWNERSHIP PLAN · LAGRANGE, IL · plan year 2024

Employer contribution per participant · 2024

$5,732

Sjh Derm, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held -$11,336,597 across 202 participant accounts, with employer contributions averaging $5,732 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers.

Plan summary
Net assets, end of year-$11,336,597
Participants with balances202
Active participants131
Employer contributions$750,906
Employee contributions—
Employer contribution per active participant$5,732
Average account balance-$56,122
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS MAZARS LLP

Plan history3

Yearassets · accounts · employer contribution

2024$-11.3M · 202 accts · $751K emplr

2023$-11.8M · 135 accts · $765K emplr

2022$-12.1M · 141 accts · $826K emplr

Employer contributions to the Sjh Derm, Inc. plan · 2024

Employer contribution per active participant$5,732

Median for plans this size$540

2024$5,732 per active participant

2023$4,998 per active participant

2022$5,859 per active participant

Sjh Derm, Inc.'s 2024 employer contribution ran above the $540 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.

Administrative cost history3

2024Not separately reported

2023Not separately reported

2022Not separately reported

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 834145180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.