Dermcare Management, LLC 401(K) Plan — Form 5500 plan (Dermcare Management, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Dermcare Management, LLC 401(K) Plan is a benefit plan reported by Dermcare Management, LLC under EIN 81-3540312 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,081 participants and $21,582,547 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Dermcare Management, LLC
EIN
81-3540312
Plan number
001
Plan type
2
Location
Hollywood, FL
Latest filing year
2023
Participants
1,081
End-of-year plan assets
$21,582,547

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,081H, C20241011155134NAL0044363170001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,582,547
Total liabilities (EOY)
$0
Net assets (EOY)
$21,582,547
Net assets (BOY)
$12,661,693

Income & contributions

Employer contributions
$1,384,592
Participant contributions
$3,183,264
Total contributions
$4,874,079
Total income / additions
$7,366,610

Expenses & distributions

Benefits paid
$898,105
Administrative expenses
$15,675
Total expenses
$913,780
Net increase / (decrease)
$6,452,830

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Morgan StanleySERVICE PROVIDER$0$38,6022023
The Benefit PracticeTHIRD PARTY ADMIN$8,625$7,5692023
Voya Retirement InsuranceRECORDKEEPER$7,050not reported in the loaded dataset2023

Related Form 5500 pages