Department of Labor filing

SPECIALISTS IN DERMATOLOGY, P.L.L.C.

SPECIALISTS IN DERMATOLOGY, P.L.LC. 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Oct 10, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

41filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$2,045

Reported employer contributions per active participant.

Higher than about 30% of comparable plans
#People in the filing
68

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$88 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 66% of comparable plans
Investment performance
Not available

Plan assets changed 25.2%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202341out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions30th percentileTypical peer $3,921 · based on 367 comparable plans
Lower reported administrative expense66th percentileTypical peer $179 · based on 400 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, SPECIALISTS IN DERMATOLOGY, P.L.L.C. reported $139,039 in employer contributions across the plan and 68 active participants. That works out to $2,045 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy81%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 7.6%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 35.4%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context41/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$139,039
Participant contributions
$265,795
Other contributions
Not reported
Employer share of reported contributions
34.3%
Beginning assets
$2,554,040
Ending assets
$3,198,108
Ending net assets
$3,198,108
Ending liabilities
$0
Total income
$847,716
Total expenses
$203,648
Administrative expenses
$13,349
Participant loans
$31,051

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$1,900
2023
$2,045
Plan-paid administrative expenses per participant
2022
$65
2023
$88
Active participants
2022
67
2023
68
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2023$2,045683.2M20241010161336NAL0020505345001
2022$1,900672.6M20231012150604NAL0031613857001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
1.0%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
860922947-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jul 1, 1999
Industry
Health care and social assistance
Amended filing
Yes
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2A2E3D2G2J2F2T

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
THE VANGUARD GROUP, INC.2023Not reportedunknown

Current plan terms

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Filing ACK_ID20241010161336NAL0020505345001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗