Plan Snapshot
- Plan Sponsor: Bond Pharmacy, INC.
- Sponsor EIN: 640913966
- Sponsor Address: 623 HIGHLAND COLONY PARKWAY, RIDGELAND, MS, 39157
- Plan Type: 401(k)
- Total Participants: 687
- Total Assets: $33.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 687 | $33.1M | $1.8M | $3.2M |
| 2023 | 739 | $26.3M | $1.7M | $2.8M |
| 2022 | 573 | $20.1M | $1.6M | $2.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $113,601 | — | $113,601 |
| RAYMOND JAMES & ASSOCIATES .00 INC | Investment Advisor | $89,654 | — | $89,654 |
| STEVENS DOWD & COMPANY | Other Service Provider | $800 | $5,000 | $5,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $209,055
- Estimated Expense Ratio: 0.631% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $194,779 | — | $194,779 | — | — |
| 2023 | $163,990 | $68,291 | $95,699 | — | — |
| 2022 | $148,744 | — | — | — | $144,744 |