Ascend Wellness Holdings 401(K) Plan — Form 5500 plan (Ascend Wellness Holdings, LLC)

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, Ascend Wellness Holdings 401(K) Plan is a benefit plan reported by Ascend Wellness Holdings, LLC under EIN 83-0602006 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,346 participants and $5,694,438 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ascend Wellness Holdings, LLC
EIN
83-0602006
Plan number
001
Plan type
2
Location
New York, NY
Latest filing year
2023
Participants
2,346
End-of-year plan assets
$5,694,438

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,346H, C20241029051921NAL0004285185001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,694,438
Total liabilities (EOY)
$0
Net assets (EOY)
$5,694,438
Net assets (BOY)
$3,033,425

Income & contributions

Participant contributions
$2,317,640
Total contributions
$2,775,457
Total income / additions
$3,475,283

Expenses & distributions

Benefits paid
$742,878
Administrative expenses
$71,392
Total expenses
$814,270
Net increase / (decrease)
$2,661,013

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pcs Retirement LLCCONTRACT ADMINISTRATOR$69,809not reported in the loaded dataset2023

Related Form 5500 pages