Plan Snapshot
- Plan Sponsor: Dermatology Associates, P.C.
- Sponsor EIN: 621013399
- Sponsor Address: 2300 WEST STONE DRIVE, KINGSPORT, TN, 37660
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $16.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 169 | $16.0M | $341,170 | $546,958 |
| 2023 | 123 | $14.2M | $382,632 | $557,539 |
| 2022 | 118 | $12.7M | $320,741 | $519,356 |
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 |
|---|---|---|---|---|
| BROWN, EDWARDS & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWN, EDWARDS & COMPANY — Auditor
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 | $62,117 | — | $2,175 | — | — |
| 2023 | $58,140 | — | $2,640 | — | — |
| 2022 | $59,835 | — | $27,255 | — | $32,580 |