Ferndale Pharma Group, Inc. 401(K) And Profit Sharing Plan — Form 5500 plan (Ferndale Pharma Group, Inc.)

Plain-English plan 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, Ferndale Pharma Group, Inc. 401(K) And Profit Sharing Plan is a benefit plan reported by Ferndale Pharma Group, Inc. under EIN 20-1162450 and plan number 001. The latest loaded filing year is 2023. The filing reports 299 participants and $52,212,320 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ferndale Pharma Group, Inc.
EIN
20-1162450
Plan number
001
Plan type
2
Location
Ferndale, MI
Latest filing year
2023
Participants
299
End-of-year plan assets
$52,212,320

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023299H, C20241014080702NAL0025693617001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$52,212,320
Total liabilities (EOY)
$0
Net assets (EOY)
$52,212,320
Net assets (BOY)
$48,520,437

Income & contributions

Employer contributions
$372,969
Participant contributions
$1,476,591
Total contributions
$2,021,245
Total income / additions
$9,831,084

Expenses & distributions

Benefits paid
$6,100,371
Administrative expenses
$38,830
Total expenses
$6,139,201
Net increase / (decrease)
$3,691,883

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$31,691not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$7,139not reported in the loaded dataset2023

Related Form 5500 pages