Plan Snapshot
- Plan Sponsor: Dermatology Solutions Group, LLC
- Sponsor EIN: 901007938
- Sponsor Address: 2505 HARRISON AVENUE, PANAMA CITY, FL, 32405
- Plan Type: 401(k)
- Total Participants: 299
- Total Assets: $13.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 299 | $13.5M | $574,071 | $1.3M |
| 2023 | 280 | $10.6M | $517,249 | $1.2M |
| 2022 | 238 | $8.3M | $475,201 | $977,292 |
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 |
|---|---|---|---|---|
| WARREN AVERETT LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT LLC — 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 | $177,696 | — | $177,696 | — | — |
| 2023 | $143,677 | — | $143,627 | — | — |
| 2022 | $120,868 | — | $120,868 | — | — |