401(k)
2022 plan-year 401(k) DOL Form 5500

Dermatology Consultants of St. Paul Profit Sharing Plan

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

Sponsored by Dermatology Consultants, P.a. · Minnesota · Healthcare & Social Assistance

What the 2023 filing shows

Dermatology Consultants of St. Paul Profit Sharing Plan holds $26M for 135 participants — about $191,305 per participant, down 12.6% over the 2022 plan year.

$26M
total plan assets (2022 EOY)
135
covered participants
$191,305
avg assets per participant
-12.6%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$26M
Participants
135
State
Industry
Healthcare & Social Assistance

What the Filing Says About Dermatology Consultants of St. Paul Profit Sharing Plan

Dermatology Consultants of St. Paul Profit Sharing Plan is a 401(k) retirement plan sponsored by Dermatology Consultants, P.a., headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $26M in total end-of-year assets and covers 135 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 410972960, and the plan has been effective since 1972-06-27. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $30M at the beginning of 2022 to $26M at year-end — a decline of 12.6%. Net assets (after liabilities) closed the year at $26M, with reported net income of $-3,707,018 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 — 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)$30M
Total Assets (End of Year)$26M
Net Assets (End of Year)$26M
Net Income$-3,707,018
Plan Type401(k)
Employer EIN410972960
Plan Effective Date1972-06-27
Filing StatusFILING RECEIVED

Sponsor Plan History (Dermatology Consultants, P.a.)

Year Plans Participants Total Assets
2022 1 135 $26M
2023 1 136 $33M
2024 1 150 $37M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Dermatology Consultants of St. Paul Profit Sharing Plan?
As of the 2022 Form 5500 filing, Dermatology Consultants of St. Paul Profit Sharing Plan holds $26M in total assets with 135 participants. It is sponsored by Dermatology Consultants, P.a..
What type of plan is Dermatology Consultants of St. Paul Profit Sharing Plan?
Dermatology Consultants of St. Paul Profit Sharing Plan is a 401(k) plan. It has been effective since 1972-06-27. The plan is filed with the U.S. Department of Labor under EIN 410972960.
Who sponsors the Dermatology Consultants of St. Paul Profit Sharing Plan?
Dermatology Consultants of St. Paul Profit Sharing Plan is sponsored by Dermatology Consultants, P.a., located in Minnesota. The sponsor's EIN is 410972960 and the plan operates in the Healthcare & Social Assistance industry.
How did Dermatology Consultants of St. Paul Profit Sharing Plan perform in 2022?
Dermatology Consultants of St. Paul Profit Sharing Plan declined by 12.6% during 2022, moving from $30M to $26M in total assets. Net income was $-3,707,018.
Where can I find official filings for Dermatology Consultants of St. Paul Profit Sharing Plan?
Official Form 5500 filings for Dermatology Consultants of St. Paul Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410972960 or plan name at efast.dol.gov.
How does Dermatology Consultants of St. Paul Profit Sharing Plan compare to other plans?
You can compare Dermatology Consultants of St. Paul Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Minnesota 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) — original filing retrieval by EIN 410972960.

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

Reference: IRS Publication 590-B — 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.