Plan Snapshot
- Plan Sponsor: Sanova Dermatology Management INC
- Sponsor EIN: 821439663
- Sponsor Address: 1601 E. PFLUGERVILLE PARKWAY, PFLUGERVILLE, TX, 78660
- Plan Type: 401(k)
- Total Participants: 159
- Total Assets: $11.9M
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 | 159 | $11.9M | $532,545 | $874,830 |
| 2023 | 191 | $10.7M | $400,760 | $871,758 |
| 2022 | 214 | $8.2M | $458,861 | $814,450 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | RECORD KEEPER | $68,168 | — | $68,168 |
| GLOBAL RETIREMENT PARTNERS LLC | SERVICE PROVIDER | — | $23,274 | $23,274 |
| WEALTH ADVISORY SERVICES, LLC | SERVICE PROVIDER | — | $20,434 | $20,434 |
| PLANCHECK CPA'S, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — SERVICE PROVIDER
- PLANCHECK CPA'S, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,876
- Estimated Expense Ratio: 0.944% 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 | $68,168 | $68,168 | — | — | — |
| 2023 | $55,295 | — | $54,270 | — | — |
| 2022 | $48,814 | — | — | — | — |