Plan Snapshot
- Plan Sponsor: Advanced Dermatology Associates, Ltd.
- Sponsor EIN: 231855600
- Sponsor Address: 1259 SOUTH CEDAR CREST BLVD., ALLENTOWN, PA, 18103
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $29.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 102 | $29.8M | $786,276 | $524,795 |
| 2023 | 101 | $27.1M | $755,731 | $520,549 |
| 2022 | 105 | $23.7M | $786,505 | $561,703 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| REGAN, LEVIN, BLOSS, BROWN & SAVCHA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $70,431 | $21,372 | $45,129 | — | — |
| 2023 | $74,255 | $19,635 | $50,960 | — | — |
| 2022 | $75,780 | $71,190 | $4,590 | — | — |