Plan Snapshot
- Plan Sponsor: Naples Center For Dermatology And Cosmetic Surgery
- Sponsor EIN: 593651253
- Sponsor Address: 15051 S TAMIAMI TRL, FORT MYERS, FL, 339805182
- Plan Type: 401(k)
- Total Participants: 1,598
- Total Assets: $55.5M
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 | 1,598 | $55.5M | $3.4M | $5.7M |
| 2023 | 1,466 | $43.4M | $1.1M | $4.9M |
| 2022 | 1,136 | $28.9M | $440,964 | $3.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $77,336 | — | $77,336 |
| PENTEGRA SERVICES INC | CONTRACT ADMINISTATOR | $26,061 | $2,018 | $28,079 |
| PENTEGRA SERVICES INC. | CONTRACT ADMINISTRATOR | $17,171 | $29 | $17,200 |
| BERMAN HOPKINS WRIGHT & LAHAM, CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERMAN HOPKINS WRIGHT & LAHAM, CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,615
- Estimated Expense Ratio: 0.221% of plan assets
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 | $176,456 | — | $176,456 | — | — |
| 2023 | $107,667 | $21,254 | $86,413 | — | — |
| 2022 | $115,160 | — | $115,160 | — | — |