Dermatology Solutions Group, LLC 401(K) Plan — Form 5500 plan (Dermatology Solutions Group, 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, Dermatology Solutions Group, LLC 401(K) Plan is a benefit plan reported by Dermatology Solutions Group, LLC under EIN 90-1007938 and plan number 002. The latest loaded filing year is 2023. The filing reports 394 participants and $10,556,044 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Dermatology Solutions Group, LLC
EIN
90-1007938
Plan number
002
Plan type
2
Location
Panama City, FL
Latest filing year
2023
Participants
394
End-of-year plan assets
$10,556,044

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023394H, C20241015130238NAL0029717521001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,556,044
Total liabilities (EOY)
$0
Net assets (EOY)
$10,556,044
Net assets (BOY)
$8,349,080

Income & contributions

Employer contributions
$517,249
Participant contributions
$1,157,813
Total contributions
$1,725,999
Total income / additions
$3,268,326

Expenses & distributions

Benefits paid
$917,685
Administrative expenses
$143,677
Total expenses
$1,061,362
Net increase / (decrease)
$2,206,964

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$120,688$02023
Merrill LynchCONSULTANT$0$35,5792023
Warren Averett Benefit ConsultantsCONTRACT ADMINISTRATOR$14,234$3,9322023

Related Form 5500 pages