Chiesi Usa, Inc. 401(K) Retirement Plan — Form 5500 plan (Cornerstone Biopharma, 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, Chiesi Usa, Inc. 401(K) Retirement Plan is a benefit plan reported by Cornerstone Biopharma, Inc. under EIN 20-1008797 and plan number 001. The latest loaded filing year is 2023. The filing reports 484 participants and $58,941,366 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cornerstone Biopharma, Inc.
EIN
20-1008797
Plan number
001
Plan type
2
Location
Cary, NC
Latest filing year
2023
Participants
484
End-of-year plan assets
$58,941,366

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023484H, C20240904164403NAL0019984657001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$58,941,366
Total liabilities (EOY)
$0
Net assets (EOY)
$58,941,366
Net assets (BOY)
$46,521,368

Income & contributions

Employer contributions
$2,990,496
Participant contributions
$6,057,951
Total contributions
$9,382,557
Total income / additions
$18,129,969

Expenses & distributions

Benefits paid
$5,547,025
Administrative expenses
$162,946
Total expenses
$5,709,971
Net increase / (decrease)
$12,419,998

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Patriot Benefit Solutions InsuranceOTHER$132,476not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$30,470not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$0$02023

Related Form 5500 pages