Procaps Laboratories, Inc. 401(K) Plan — Form 5500 plan (Procaps Laboratories, 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, Procaps Laboratories, Inc. 401(K) Plan is a benefit plan reported by Procaps Laboratories, Inc. under EIN 88-0359750 and plan number 001. The latest loaded filing year is 2023. The filing reports 449 participants and $26,031,414 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Procaps Laboratories, Inc.
EIN
88-0359750
Plan number
001
Plan type
2
Location
Henderson, NV
Latest filing year
2023
Participants
449
End-of-year plan assets
$26,031,414

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023449H, C20240711142222NAL0010500803001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,031,414
Total liabilities (EOY)
$0
Net assets (EOY)
$26,031,414
Net assets (BOY)
$20,935,980

Income & contributions

Employer contributions
$951,198
Participant contributions
$1,984,321
Total contributions
$3,098,576
Total income / additions
$7,019,069

Expenses & distributions

Benefits paid
$1,863,166
Administrative expenses
$59,894
Total expenses
$1,923,635
Net increase / (decrease)
$5,095,434

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Royal Alliance Associates IncADVISOR$53,188not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$6,706$02023

Related Form 5500 pages