2023 Form 5500 filing — Durect Corporation 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240823103629NAL0003123875001) for Durect Corporation 401(K) Plan, reported by Durect Corporation under EIN 94-3297098 and plan number 001. It reports 127 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240823103629NAL0003123875001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Durect Corporation
- EIN
- 94-3297098
- Plan number
- 001
- Location
- Cupertino, CA
- Participants
- 127
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $36,768,083
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,768,083
- Participant contributions
- $1,141,436
- Total income / additions
- $7,379,965
- Benefits paid
- $4,651,719
- Administrative expenses
- $37,605
- Total expenses
- $4,689,324
- Net increase / (decrease)
- $2,690,641
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pensionmark Financial Group, LLC | NONE | $35,000 | not reported in the loaded dataset |
| Stancorp Financial Group | NONE | $16,395 | not reported in the loaded dataset |