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)
- 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. |
|---|---|---|---|---|
| 2025 | 85 | $25.3M | $0 | $0 |
| 2024 | 82 | $22.9M | $0 | $0 |
| 2023 | 90 | $17.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — 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 |
|---|---|---|---|---|---|
| 2025 | $95,028 | $50,574 | $2,660 | — | — |
| 2024 | $41,125 | $17,351 | $9,319 | $10,800 | — |
| 2023 | $23,312 | — | $13,212 | — | $10,100 |