2023 Form 5500 filing — Salona Global Medical Device Corp. 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007100627NAL0015911729001) for Salona Global Medical Device Corp. 401(K) Plan, reported by Salona Global Medical Device Corp. under EIN 58-2551796 and plan number 002. It reports 162 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007100627NAL0015911729001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Salona Global Medical Device Corp.
- EIN
- 58-2551796
- Plan number
- 002
- Location
- Del Mar, CA
- Participants
- 162
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,641,605
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,641,605
- Employer contributions
- $267,940
- Participant contributions
- $703,110
- Total income / additions
- $2,288,252
- Benefits paid
- $2,376,166
- Administrative expenses
- $41,387
- Total expenses
- $2,417,553
- Net increase / (decrease)
- -$129,301
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $38,626 | $0 |
| Lincoln National Corporation | TPA FEES | $2,761 | not reported in the loaded dataset |