Avita 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Long'S Drugstores Of Sc 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, Avita 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Long'S Drugstores Of Sc Inc. under EIN 57-0290371 and plan number 001. The latest loaded filing year is 2023. The filing reports 913 participants and $35,174,651 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$35.2MPlan net assets, end of year$35,174,651
Participants913Covered participants reported
Assets / participant$38.5KComputed: assets ÷ participants$38,526 (computed)
Provider compensation$136.6K4 Schedule C provider row(s)$136,614
Plan sponsor
Long'S Drugstores Of Sc Inc.
EIN
57-0290371
Plan number
001
Plan type
2
Location
Baton Rouge, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023913H, C20240919135347NAL0010590416001
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)$35.2M total assets
Net assets$35.2MLiabilities$0
Money in vs. money out
Total income / additions$11.8M
Total expenses$5M
Benefits paid / distributions$4.9M
Contributions
Employer$1.7M
Participant$3.6M
Full reported line items

Net assets

Total assets (EOY)
$35,174,651
Total liabilities (EOY)
$0
Net assets (EOY)
$35,174,651
Net assets (BOY)
$27,989,074

Income & contributions

Employer contributions
$1,742,183
Participant contributions
$3,631,185
Total contributions
$6,416,231
Total income / additions
$11,833,496

Expenses & distributions

Benefits paid
$4,854,186
Administrative expenses
$128,376
Total expenses
$4,982,562
Net increase / (decrease)
$6,850,934
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.

Contribution share (employer vs. participant)
Employer 32%Participant 68%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income41%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$84,611$02023
The Patriot Financial Group, LLCINVESTMENT ADVISORY$36,441$152023
Securities America Advisors, Inc.INVESTMENT ADVISORY$7,324$8,2232023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages