Illinois Dermatology Institute 401(k) match, vesting and fees
What Illinois Dermatology Institute's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | ADP, Inc. | Schedule C ↗ |
| Independent auditor | Cherry Bekaert LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Illinois Dermatology Institute: employer contribution per participant | $3,574 | |
| Peer median | $1,468 |
| Illinois Dermatology Institute: average balance | $79,630 | |
| Peer median | $37,786 |
| Illinois Dermatology Institute: admin expenses ÷ assets | 0.14% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $17.7M at the end of plan year 2021 to $20.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 287 | $20.6M | $926K | $3,574 | 0.14% | Not published | Form 5500 ↗ |
| 2023 | 262 | $19.4M | $757K | $3,262 | 0.16% | Not published | Form 5500 ↗ |
| 2022 | 224 | $15.5M | $743K | $3,556 | 0.27% | Not published | Form 5500 ↗ |
| 2021 | 272 | $17.7M | $729K | $2,859 | 0.12% | Not published | Form 5500 ↗ |
Common questions
Does Illinois Dermatology Institute match 401(k) contributions?
The match terms for the Illinois Dermatology Institute, LLC 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $926K in employer contributions, about $3,574 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Illinois Dermatology Institute 401(k) match vested?
The vesting schedule for the Illinois Dermatology Institute, LLC 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Illinois Dermatology Institute 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is ADP, Inc.. The plan administrator is Illinois Dermatology Institute, LLC.
I left Illinois Dermatology Institute. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Illinois Dermatology Institute, LLC, (847) 364-4717) or the recordkeeper, ADP, Inc.. The Illinois Dermatology Institute old 401(k) page lists the contacts from every plan filing. Find an old Illinois Dermatology Institute 401(k)
Data from the public Form 5500 annual reports Illinois Dermatology Institute filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Illinois Dermatology Institute. Not financial advice. Report a correction · Methodology