Pharmacann 401(K) Plan — Form 5500 plan (Pharmacann 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, Pharmacann 401(K) Plan is a benefit plan reported by Pharmacann Inc under EIN 47-1136343 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,482 participants and $7,572,369 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Pharmacann Inc
EIN
47-1136343
Plan number
001
Plan type
2
Location
Chicago, IL
Latest filing year
2023
Participants
1,482
End-of-year plan assets
$7,572,369

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,482H, C20241011115935NAL0010891027001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,572,369
Total liabilities (EOY)
$0
Net assets (EOY)
$7,572,369
Net assets (BOY)
$4,477,724

Income & contributions

Employer contributions
$1,325,627
Participant contributions
$2,154,311
Total contributions
$3,543,444
Total income / additions
$4,465,136

Expenses & distributions

Benefits paid
$1,186,308
Administrative expenses
$184,183
Total expenses
$1,370,491
Net increase / (decrease)
$3,094,645

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pcs Retirement LLCCONTRACT ADMINISTRATOR$62,716$02023
Abg ConsultantsINVESTMENT ADVISOR$25,706$02023

Related Form 5500 pages