Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

American Academy of Dermatology 403b Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by American Academy of Dermatology Inc Β· Illinois Β· Other Services

What the 2023 filing shows

American Academy of Dermatology 403b Plan holds $47M for 187 participants - about $251,438 per participant, down 17.3% over the 2022 plan year.

$47M
total plan assets (2022 EOY)
187
covered participants
$251,438
avg assets per participant
-17.3%
assets change YoY

The plan reported a net loss of $10M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$47M
Participants
187
State
Industry
Other Services

What the Filing Says About American Academy of Dermatology 403b Plan

American Academy of Dermatology 403b Plan is a Profit Sharing retirement plan sponsored by American Academy of Dermatology Inc, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $47M in total end-of-year assets and covers 187 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 410793046, and the plan has been effective since 1996-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $57M at the beginning of 2022 to $47M at year-end β€” a decline of 17.3%. Net assets (after liabilities) closed the year at $47M, with reported net income of $-9,834,758 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$57M
Total Assets (End of Year)$47M
Net Assets (End of Year)$47M
Net Income$-9,834,758
Plan TypeProfit Sharing
Employer EIN410793046
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Academy of Dermatology Inc)

Year Plans Participants Total Assets
2022 2 349 $62M
2023 2 349 $74M
2024 2 386 $86M

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the American Academy of Dermatology 403b Plan?
As of the 2022 Form 5500 filing, American Academy of Dermatology 403b Plan holds $47M in total assets with 187 participants. It is sponsored by American Academy of Dermatology Inc.
What type of plan is American Academy of Dermatology 403b Plan?
American Academy of Dermatology 403b Plan is a Profit Sharing plan. It has been effective since 1996-01-01. The plan is filed with the U.S. Department of Labor under EIN 410793046.
Who sponsors the American Academy of Dermatology 403b Plan?
American Academy of Dermatology 403b Plan is sponsored by American Academy of Dermatology Inc, located in Illinois. The sponsor's EIN is 410793046 and the plan operates in the Other Services industry.
How did American Academy of Dermatology 403b Plan perform in 2022?
American Academy of Dermatology 403b Plan declined by 17.3% during 2022, moving from $57M to $47M in total assets. Net income was $-9,834,758.
Where can I find official filings for American Academy of Dermatology 403b Plan?
Official Form 5500 filings for American Academy of Dermatology 403b Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410793046 or plan name at efast.dol.gov.
How does American Academy of Dermatology 403b Plan compare to other plans?
You can compare American Academy of Dermatology 403b Plan against other Profit Sharing plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 410793046.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.