2023 Form 5500 filing — Hometown Pharmacy Retirement Savings 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 20241014105431NAL0013162899001) for Hometown Pharmacy Retirement Savings Plan, reported by Hometown Pharmacy, Inc. under EIN 38-3219317 and plan number 001. It reports 428 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$18.4MReported net assets$18,404,379
Participants428
Provider compensation$48.9K3 Schedule C row(s)$48,871
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014105431NAL0013162899001
Plan sponsor
Hometown Pharmacy, Inc.
EIN
38-3219317
Plan number
001
Location
New Era, MI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$18.4M total assets
Net assets$18.4MLiabilities$0
Money in vs. money out
Total income / additions$4.7M
Total expenses$3.4M
Benefits paid / distributions$3.4M
Contributions
Employer$482.4K
Participant$1M
Full reported line items
Total assets (EOY)
$18,404,379
Total liabilities (EOY)
$0
Net assets (EOY)
$18,404,379
Employer contributions
$482,447
Participant contributions
$1,017,758
Total income / additions
$4,676,169
Benefits paid
$3,437,062
Administrative expenses
$0
Total expenses
$3,437,062
Net increase / (decrease)
$1,239,107

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Northwestern Mutual Invst SvcINVESTMENT ADVISOR$21,205not reported in the loaded dataset
Empower Annuity Insurance CoRECORDKEEPER$19,204$0
Watkins Ross & CompanyCONTRACT ADMINISTRATOR$8,462not reported in the loaded dataset

Related Form 5500 pages