Assertio Management, LLC 401(K) Retirement Plan — Form 5500 plan (Assertio Management, LLC)

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, Assertio Management, LLC 401(K) Retirement Plan is a benefit plan reported by Assertio Management, LLC under EIN 85-0772867 and plan number 001. The latest loaded filing year is 2023. The filing reports 297 participants and $16,096,743 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Assertio Management, LLC
EIN
85-0772867
Plan number
001
Plan type
2
Location
Lake Forest, IL
Latest filing year
2023
Participants
297
End-of-year plan assets
$16,096,743

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023297H, C20240716165107NAL0003523713001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$16,096,743
Total liabilities (EOY)
$0
Net assets (EOY)
$16,096,743
Net assets (BOY)
$14,819,953

Income & contributions

Employer contributions
$428,394
Participant contributions
$767,550
Total contributions
$1,343,449
Total income / additions
$3,743,174

Expenses & distributions

Benefits paid
$2,408,088
Administrative expenses
$58,296
Total expenses
$2,466,384
Net increase / (decrease)
$1,276,790

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$58,296$02023
Abd Retirement Services, IncOTHER SERVICES$0$26,0922023

Related Form 5500 pages