2023 Form 5500 filing — Correct Rx Pharmacy 401(K) Plan 002
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 20241105144236NAL0017266050001) for Correct Rx Pharmacy 401(K) Plan 002, reported by Correct Rx Pharmacy Services, Inc. under EIN 75-3111495 and plan number 002. It reports 191 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$7MReported net assets$6,978,805
Participants191
Provider compensation$15K2 Schedule C row(s)$14,956
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241105144236NAL0017266050001
- Plan sponsor
- Correct Rx Pharmacy Services, Inc.
- EIN
- 75-3111495
- Plan number
- 002
- Location
- Hanover, MD
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$7M total assets
Net assets$7MLiabilities$0
Full reported line items
- Total assets (EOY)
- $6,978,805
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,978,805
- Employer contributions
- $439,013
- Participant contributions
- $657,500
- Total income / additions
- $2,111,656
- Benefits paid
- $822,849
- Administrative expenses
- $40,375
- Total expenses
- $863,224
- Net increase / (decrease)
- $1,248,432
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Columbia Benefits Consultants, Inc | THIRD PARTY ADMIN | $10,712 | not reported in the loaded dataset |
| Lpl Financial | ADVISOR | $4,244 | not reported in the loaded dataset |