Hometown Pharmacy Retirement Savings Plan — Form 5500 plan (Hometown Pharmacy, 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, Hometown Pharmacy Retirement Savings Plan is a benefit plan reported by Hometown Pharmacy, Inc. under EIN 38-3219317 and plan number 001. The latest loaded filing year is 2023. The filing reports 428 participants and $18,404,379 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$18.4MPlan net assets, end of year$18,404,379
Participants428Covered participants reported
Assets / participant$43KComputed: assets ÷ participants$43,001 (computed)
Provider compensation$48.9K3 Schedule C provider row(s)$48,871
- Plan sponsor
- Hometown Pharmacy, Inc.
- EIN
- 38-3219317
- Plan number
- 001
- Plan type
- 2
- Location
- New Era, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 428 | H, C | 20241014105431NAL0013162899001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$18.4M total assets
Net assets$18.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $18,404,379
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,404,379
- Net assets (BOY)
- $17,165,272
Income & contributions
- Employer contributions
- $482,447
- Participant contributions
- $1,017,758
- Total contributions
- $1,503,886
- Total income / additions
- $4,676,169
Expenses & distributions
- Benefits paid
- $3,437,062
- Administrative expenses
- $0
- Total expenses
- $3,437,062
- Net increase / (decrease)
- $1,239,107
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
32%68%
Employer 32%Participant 68%
Total expenses ÷ net assets19%Computed ratio
Benefits paid ÷ total income74%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Northwestern Mutual Invst Svc | INVESTMENT ADVISOR | $21,205 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Co | RECORDKEEPER | $19,204 | $0 | 2023 |
| Watkins Ross & Company | CONTRACT ADMINISTRATOR | $8,462 | not reported in the loaded dataset | 2023 |