Plan Snapshot
- Plan Sponsor: Illinois Dermatology Institute, LLC
- Sponsor EIN: 263341995
- Sponsor Address: 903 COMMERCE DRIVE, OAKBROOK, IL, 60523
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $20.6M
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 | 190 | $20.6M | $925,667 | $925,573 |
| 2023 | 189 | $19.4M | $756,867 | $858,061 |
| 2022 | 157 | $15.5M | $743,124 | $686,945 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | 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 | $28,856 | $1,025 | — | — | — |
| 2023 | $28,160 | $12,700 | — | — | — |
| 2022 | $45,449 | — | — | — | — |