Propharma Group 401(K) Plan — Form 5500 plan (Propharma Group)

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, Propharma Group 401(K) Plan is a benefit plan reported by Propharma Group under EIN 46-4258733 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,999 participants and $89,187,537 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Propharma Group
EIN
46-4258733
Plan number
001
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
Participants
1,999
End-of-year plan assets
$89,187,537

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,999H, C20250411081016NAL0025967009001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$89,187,537
Total liabilities (EOY)
$0
Net assets (EOY)
$89,187,537
Net assets (BOY)
$43,155,377

Income & contributions

Employer contributions
$8,355,158
Participant contributions
$15,632,650
Total contributions
$25,200,490
Total income / additions
$35,537,859

Expenses & distributions

Benefits paid
$8,664,458
Administrative expenses
$478,635
Total expenses
$9,157,385
Net increase / (decrease)
$26,380,474

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Creative PlanningINVESTMENT ADVISOR$267,687not reported in the loaded dataset2023
Newport Group, Inc.RECORD-KEEPER$190,968$02023
Newport Trust Company, LLCTRUSTEE$19,981$02023

Related Form 5500 pages