Plan Snapshot
- Plan Sponsor: The Skin Institute & Day Spa, INC.
- Sponsor EIN: 391717756
- Sponsor Address: 327 EAST ST. PAUL AVENUE 5TH FLOOR, MILWAUKEE, WI, 53202
- Plan Type: 401(k)
- Total Participants: 166
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 166 | $7.3M | $21,617 | $566,636 |
| 2023 | 169 | $6.1M | $17,455 | $556,579 |
| 2022 | 161 | $4.8M | $20,000 | $431,447 |
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 |
|---|---|---|---|---|
| CETERA INVESTMENT ADVISERS LLC | Other Service Provider | — | $24,842 | $24,842 |
| VOYA RETIREMENT INSURANCE AND ANNUI | Other Service Provider | — | $6,819 | $6,819 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,661
- Estimated Expense Ratio: 0.435% 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 | $20,362 | $3,691 | $15,404 | — | — |
| 2023 | $8,156 | — | $8,156 | — | — |
| 2022 | $10,843 | — | $10,843 | — | — |