Plan Snapshot
- Plan Sponsor: Optima Dermatology Partners, LLC
- Sponsor EIN: 824641383
- Sponsor Address: 290 HERITAGE AVE., SUITE 102, PORTSMOUTH, NH, 03081
- Plan Type: 401(k)
- Total Participants: 446
- Total Assets: $16.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 446 | $16.2M | $770,255 | $1.7M |
| 2023 | 391 | $12.7M | $655,210 | $1.4M |
| 2022 | 306 | $10.0M | $393,192 | $922,116 |
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 |
|---|---|---|---|---|
| BAKER NEWMAN & NOYES, LLC | 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 | $53,004 | $28,240 | — | — | — |
| 2023 | $54,591 | $21,845 | — | — | — |
| 2022 | $25,871 | — | — | — | $25,871 |