# New England Dermatology, P.C. 401(k) Plan
Source: https://planprovider.pro/companies/new-england-dermatology-p-c-042507134-002

> New England Dermatology, P.C.'s 401(k) plan: 85 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** New England Dermatology, P.C.

- **Sponsor EIN:** 042507134

- **Sponsor Address:** 3455 MAIN ST. SUITE 5, SPRINGFIELD, MA, 01107

- **Plan Type:** 401(k)

- **Plan Number:** 002

- **Total Participants:** 85

- **Total Assets:** $25.3M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **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|85|$25.3M|$718,408|$621,240|

| 2023|82|$22.9M|$723,557|$657,160|

| 2022|90|$17.9M|$662,268|$655,036|

## 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|

| ALLIANCE BERNSTEIN L.P.|Investment Advisor|$50,574|—|$50,574|

| EMPOWER ANNUITY INSURANCE COMPANY O|Recordkeeper|$29,794|—|$29,794|

| CARON & BLETZER, PLLC|Other Service Provider|$12,000|—|$12,000|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $92,368

- **Estimated Expense Ratio:** 0.365% 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|$95,028|$50,574|$2,660|—|—|

| 2023|$41,125|$17,351|$9,319|$10,800|—|

| 2022|$23,312|—|$13,212|—|$10,100|

## Similar Plans

- [Harvard Med. Faculty Physicians At Beth Israel Deaconess Med. Ctr. INC](https://planprovider.pro/companies/harvard-med-faculty-physicians-at-beth-israel-deaconess-med-ctr-inc-401k-plan) — 2,311 participants

- [Harvard Med. Faculty Physicians At Beth Israel Deaconess Med. Ctr. INC](https://planprovider.pro/companies/harvard-med-faculty-physicians-at-beth-israel-deaconess-med-ctr-inc-403b-plan) — 2,182 participants

- [Cambridge Health Alliance Physicians Organization, INC.](https://planprovider.pro/companies/cambridge-health-alliance-physicians-organization-inc-401k-plan) — 1,027 participants

- [Apderm Management, LLC.](https://planprovider.pro/companies/apderm-management-llc-401k-plan) — 935 participants

- [Charles River Medical Associates PC](https://planprovider.pro/companies/charles-river-medical-associates-pc-plan) — 765 participants

- [Tufts Medical Center Physicians Organization, INC.](https://planprovider.pro/companies/tufts-medical-center-physicians-organization-inc-plan-003) — 760 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/new-england-dermatology-p-c-042507134-002)

© 2026 PlanProvider.Pro