Salona Global Medical Device Corp. 401(K) Plan — Form 5500 plan (Salona Global Medical Device Corp.)
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, Salona Global Medical Device Corp. 401(K) Plan is a benefit plan reported by Salona Global Medical Device Corp. under EIN 58-2551796 and plan number 002. The latest loaded filing year is 2023. The filing reports 162 participants and $20,641,605 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Salona Global Medical Device Corp.
- EIN
- 58-2551796
- Plan number
- 002
- Plan type
- 2
- Location
- Del Mar, CA
- Latest filing year
- 2023
- Participants
- 162
- End-of-year plan assets
- $20,641,605
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 162 | H, C | 20241007100627NAL0015911729001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,641,605
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,641,605
- Net assets (BOY)
- $8,297,630
Income & contributions
- Employer contributions
- $267,940
- Participant contributions
- $703,110
- Total contributions
- $985,906
- Total income / additions
- $2,288,252
Expenses & distributions
- Benefits paid
- $2,376,166
- Administrative expenses
- $41,387
- Total expenses
- $2,417,553
- Net increase / (decrease)
- -$129,301
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $38,626 | $0 | 2023 |
| Lincoln National Corporation | TPA FEES | $2,761 | not reported in the loaded dataset | 2023 |