West Michigan Dermatology401(k)
WEST MICHIGAN DERMATOLOGY RETIREMENT SAVINGS PLAN · GRANDVILLE, MI · plan year 2025
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
West Michigan Dermatology reported $51,873 in plan administrative expenses for 2025: 0.35% of average plan assets, above the peer median. Employer contributions averaged $5,877 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 fell from 0.42% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,196th-largest of 2,619 plans among Michigan employers on file, and the 4,271st of 11,911 in health care & social assistance. In 2025, the employer put in $1.11 for every $1.00 employees contributed themselves; active participation has grown from 111 to 123 since 2022.
West Michigan Dermatology's 2025 employer contribution ran above the $2,666 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.
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left West Michigan Dermatology before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 382561981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.