Correct Rx Pharmacy 401(K) Plan 002 — Form 5500 plan (Correct Rx Pharmacy Services, 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, Correct Rx Pharmacy 401(K) Plan 002 is a benefit plan reported by Correct Rx Pharmacy Services, Inc. under EIN 75-3111495 and plan number 002. The latest loaded filing year is 2023. The filing reports 191 participants and $6,978,805 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Correct Rx Pharmacy Services, Inc.
EIN
75-3111495
Plan number
002
Plan type
2
Location
Hanover, MD
Latest filing year
2023
Participants
191
End-of-year plan assets
$6,978,805

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023191H, C20241105144236NAL0017266050001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,978,805
Total liabilities (EOY)
$0
Net assets (EOY)
$6,978,805
Net assets (BOY)
$5,730,373

Income & contributions

Employer contributions
$439,013
Participant contributions
$657,500
Total contributions
$1,100,750
Total income / additions
$2,111,656

Expenses & distributions

Benefits paid
$822,849
Administrative expenses
$40,375
Total expenses
$863,224
Net increase / (decrease)
$1,248,432

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Columbia Benefits Consultants, IncTHIRD PARTY ADMIN$10,712not reported in the loaded dataset2023
Lpl FinancialADVISOR$4,244not reported in the loaded dataset2023

Related Form 5500 pages