Platinum Dermatology Partners 401(k) Plan: Login, Facts & Contact Information

Platinum Dermatology Partners 401(k) Plan Facts

Plan name
PLATINUM DERMATOLOGY PARTNERS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PLATINUM DERMATOLOGY PARTNERS, LLC
Participants
2,084 (1,848 active employees)
Former employees with a balance
581
Plan assets
$120,580,352 at Dec 31, 2024
Average account balance
$56,610 across 2,130 accounts
Employer contributions
$1,515,692 in plan year 2024 (13% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2016
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Apr 29, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $11.6 million went into the plan in contributions, $1.52 million of it from the employer (13%).
  • $7.71 million was paid out to participants.
  • Investment and other income added $9.40 million.
  • Administrative expenses were $68,730, about $32 per account.

How the Platinum Dermatology Partners 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019587$19.0 million$1.09 million$582,745
2020552$23.0 million$0$1.62 million
2021507$28.5 million$369,381$1.36 million
2022623$25.8 million$513,279$1.20 million
2023700$29.9 million$545,226$4.41 million
20242,084$120.6 million$1.52 million$7.71 million

Platinum Dermatology Partners 401(k) Contact Information

Phone
214-751-2372
Mailing address
12700 PARK CENTRAL DRIVE SUITE 1210, DALLAS TX 75251
Plan sponsor
PLATINUM DERMATOLOGY PARTNERS, LLC
Employer identification number (EIN)
81-2449922
Plan number
001

Questions about the Platinum Dermatology Partners 401(k)

Does Platinum Dermatology Partners contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.52 million, 13% of all contributions.

Does the Platinum Dermatology Partners 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Platinum Dermatology Partners 401(k) plan?

2,084 participants at the start of plan year 2024, 1,848 of them active employees, and 581 former employees who still had money in the plan.

What is the average 401(k) balance at Platinum Dermatology Partners?

About $56,610 per account: $120.6 million in plan assets across 2,130 accounts with a balance at the end of plan year 2024.

Who manages the Platinum Dermatology Partners 401(k) accounts?

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

I no longer work at Platinum Dermatology Partners. 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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