2023 Form 5500 filing — Dermatology Solutions Group, LLC 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015130238NAL0029717521001) for Dermatology Solutions Group, LLC 401(K) Plan, reported by Dermatology Solutions Group, LLC under EIN 90-1007938 and plan number 002. It reports 394 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015130238NAL0029717521001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Dermatology Solutions Group, LLC
- EIN
- 90-1007938
- Plan number
- 002
- Location
- Panama City, FL
- Participants
- 394
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,556,044
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,556,044
- Employer contributions
- $517,249
- Participant contributions
- $1,157,813
- Total income / additions
- $3,268,326
- Benefits paid
- $917,685
- Administrative expenses
- $143,677
- Total expenses
- $1,061,362
- Net increase / (decrease)
- $2,206,964
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $120,688 | $0 |
| Merrill Lynch | CONSULTANT | $0 | $35,579 |
| Warren Averett Benefit Consultants | CONTRACT ADMINISTRATOR | $14,234 | $3,932 |