401(k) · DOL Form 5500 · 2023

Phynet Dermatology, LLC 401(k) Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
1,283
Participants Near avg headcount
84th
Percentile by assets National rank
$32,828
Avg per participant Low balance/head
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Official DOL plan name: Phynet Dermatology, LLC 401(k) Plan · Sponsored by Phynet Dermatology, LLC · Tennessee · Healthcare & Social Assistance

$42M in assets, 1,283 participants

Phynet Dermatology, LLC's Phynet Dermatology, LLC 401(k) Plan reported $42M in total assets and 1,283 participants in its 2023 DOL Form 5500 filing, ranking in the 84th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #15,226 in Healthcare & Social Assistance (17,684 peers)

Where Phynet Dermatology, LLC 401(k) Plan sits by assets

Phynet Dermatology, LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $42M for 1,283 participants (~$32,828/participant), up 39.8% in 2023.

#15,226
in Healthcare & Social Assistance (17,684 peers)
+39.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Phynet Dermatology, LLC 401(k) Plan's outsized position by total assets

Phynet Dermatology, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$42,118,193 Top 16% higher than 84% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Phynet Dermatology, LLC 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Phynet Dermatology, LLC 401(k) Plan lands in the large band (1,283 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Phynet Dermatology, LLC 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Phynet Dermatology, LLC 401(k) Plan end-of-year assets rose from $30M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Phynet Dermatology, LLC 401(k) Plan reported participants rose from 1,136 in the plan year 2022 filing to 1,283 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 822598872 · Phynet Dermatology, LLC PY 2023 · 401(k)

Phynet Dermatology, LLC 401(k) Plan · $42M · 1,283 · 84th

  • NET $42M
  • NET 1,283
  • NET 84th
  • NET 401(k)
  • NET near Ed Napleton Dealership Group 401(k) Plan
  • NET ind #15226

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Tennessee →

Phynet Dermatology, LLC 401(k) Plan in the asset neighbourhood

Health Concepts, Ltd 401(k) PlanHealth Concepts, Ltd 401(k) …$42MPhynet Dermatology, LLC 401(k) PlanPhynet Dermatology, LLC 401(…$42MEd Napleton Dealership Group 401(k) PlanEd Napleton Dealership Group…$42MCrews & Associates Inc. 401(k) PlanCrews & Associates Inc. 401(…$42MSpecialty Coating Systems 401(k) PlanSpecialty Coating Systems 40…$42M
End-of-year total assets ($M) among Phynet Dermatology, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$42M
Net Income$12M
Employer EIN822598872
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Phynet Dermatology, LLC)

Sponsor-wide plan assets over time

All Phynet Dermatology, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$55M 81.36710908781193% vs 2022
2024 filing year
$20M$30M$40M$50M$60M 202220232024 $30.1M $54.6M ▲ +81.3%
Year Plans Participants Total Assets
2022 1 1,136 $30M
2023 1 1,283 $42M
2024 1 1,484 $55M

Nearby 401(k) Plans in Tennessee

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

Phynet Dermatology, LLC 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Phynet Dermatology, LLC 401(k) Plan, Total assets ($B): 0.042118193 · Participants: 1283Phynet Dermatology, LLC 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Phynet Dermatology, LLC 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Phynet Dermatology, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Ed Napleton Dealership Group 401(k) Plan in IL ($42M); by covered participants it is Bestself Behavioral Health 401(k) Plan in NY (1,283 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($42M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,283 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Phynet Dermatology, LLC 401(k) Plan assets move in 2023?
Phynet Dermatology, LLC 401(k) Plan surged - up 39.8% during 2023, from $30M to $42M. Reported net income was $12M.
How have Phynet Dermatology, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Phynet Dermatology, LLC's sponsor-wide assets grew 81.4%, from $30M to $55M.
Where does Phynet Dermatology, LLC 401(k) Plan rank by assets among Form 5500 filers?
Phynet Dermatology, LLC 401(k) Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Phynet Dermatology, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ed Napleton Dealership Group 401(k) Plan in IL ($42M, 2,524 participants).
Which 401(k) plans cover a similar participant headcount to Phynet Dermatology, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bestself Behavioral Health 401(k) Plan in NY (1,283 participants, $28M in assets).