Forefront Dermatology, S.c. 401(k) Plan: Login, Facts & Contact Information

Forefront Dermatology, S.c. 401(k) Plan Facts

Plan name
FOREFRONT DERMATOLOGY 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FOREFRONT DERMATOLOGY, S.C.
Participants
2,726 (2,516 active employees)
Former employees with a balance
846
Plan assets
$131,236,295 at Dec 31, 2022
Average account balance
$39,035 across 3,362 accounts
Employer contributions
$11,760,359 in plan year 2022 (44% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Apr 1, 1980
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 16, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $26.5 million went into the plan in contributions, $11.8 million of it from the employer (44%).
  • $6.93 million was paid out to participants.
  • Administrative expenses were $384,176, about $114 per account.

How the Forefront Dermatology, S.c. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20171,292$53.6 million$4.81 million$2.09 million
20181,614$58.0 million$6.36 million$4.30 million
20191,878$83.5 million$7.16 million$4.98 million
20202,079$106.1 million$7.04 million$5.43 million
20212,200$134.7 million$7.78 million$9.75 million
20222,726$131.2 million$11.8 million$6.93 million

Forefront Dermatology, S.c. 401(k) Contact Information

Phone
920-683-5278
Mailing address
801 YORK STREET, MANITOWOC WI 54220
Plan sponsor
FOREFRONT DERMATOLOGY, S.C.
Employer identification number (EIN)
39-1351587
Plan number
002

Questions about the Forefront Dermatology, S.c. 401(k)

Does Forefront Dermatology, S.c contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $11.8 million, 44% of all contributions.

Does the Forefront Dermatology, S.c 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Forefront Dermatology, S.c 401(k) plan?

2,726 participants at the start of plan year 2022, 2,516 of them active employees, and 846 former employees who still had money in the plan.

What is the average 401(k) balance at Forefront Dermatology, S.c?

About $39,035 per account: $131.2 million in plan assets across 3,362 accounts with a balance at the end of plan year 2022.

Who manages the Forefront Dermatology, S.c 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Forefront Dermatology, S.c. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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