Phynet Dermatology, LLC 401(K) Plan — Form 5500 plan (Phynet Dermatology, 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, Phynet Dermatology, LLC 401(K) Plan is a benefit plan reported by Phynet Dermatology, LLC under EIN 82-2598872 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,620 participants and $42,118,193 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Phynet Dermatology, LLC
EIN
82-2598872
Plan number
001
Plan type
2
Location
Franklin, TN
Latest filing year
2023
Participants
1,620
End-of-year plan assets
$42,118,193

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,620H, C20241014092410NAL0025815729001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$42,118,193
Total liabilities (EOY)
$0
Net assets (EOY)
$42,118,193
Net assets (BOY)
$30,127,252

Income & contributions

Participant contributions
$6,306,824
Total contributions
$7,816,061
Total income / additions
$14,130,120

Expenses & distributions

Benefits paid
$1,943,542
Administrative expenses
$186,211
Total expenses
$2,139,179
Net increase / (decrease)
$11,990,941

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER$169,021$02023
Newport Trust CompanyTRUSTEE$17,190$02023

Related Form 5500 pages