Plan Snapshot
- Plan Sponsor: United Skin Specialists LLC
- Sponsor EIN: 474506645
- Sponsor Address: 33 E 33RD ST FL 12, NEW YORK, NY, 100165362
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 115
- Total Assets: $10.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 115 | $10.2M | $354,293 | $789,919 |
| 2023 | 112 | $8.1M | $407,600 | $813,409 |
| 2022 | 118 | $6.2M | $354,052 | $716,672 |
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 |
|---|---|---|---|---|
| NFP RETIREMENT INC | Investment Advisor | $38,497 | — | $38,497 |
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $27,769 | — | $27,769 |
| IMA WEALTH INC. | Investment Advisor | $6,709 | — | $6,709 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — Investment Advisor
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- IMA WEALTH INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,975
- Estimated Expense Ratio: 0.714% 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 | $75,809 | — | $75,809 | — | — |
| 2023 | $58,252 | — | — | — | — |
| 2022 | $52,975 | — | $52,975 | — | — |