Dermatology Associates, P.C. Profit Sharing Plan — Form 5500 plan (Dermatology Associates, P.C.)

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 Associates, P.C. Profit Sharing Plan is a benefit plan reported by Dermatology Associates, P.C. under EIN 62-1013399 and plan number 001. The latest loaded filing year is 2023. The filing reports 150 participants and $14,173,947 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Dermatology Associates, P.C.
EIN
62-1013399
Plan number
001
Plan type
2
Location
Kingsport, TN
Latest filing year
2023
Participants
150
End-of-year plan assets
$14,173,947

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023150H, C20241014154941NAL0027772049001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,173,947
Total liabilities (EOY)
$9,900
Net assets (EOY)
$14,164,047
Net assets (BOY)
$12,741,351

Income & contributions

Employer contributions
$382,632
Participant contributions
$557,539
Total contributions
$956,491
Total income / additions
$3,115,086

Expenses & distributions

Benefits paid
$1,634,250
Administrative expenses
$58,140
Total expenses
$1,692,390
Net increase / (decrease)
$1,422,696

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Trust Company Of TennesseeNONE$58,141$02023

Related Form 5500 pages