Plan Snapshot
- Plan Sponsor: Pine Pharmacy And Home Care Products Center INC Dba Pine Pharmacy
- Sponsor EIN: 161252771
- Sponsor Address: 355 RIVERWALK PKWY, TONAWANDA, NY, 14150
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $18.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 167 | $18.3M | $530,622 | $1.1M |
| 2023 | 220 | $15.1M | $551,550 | $1.1M |
| 2022 | 181 | $10.6M | $426,137 | $828,298 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $66,963 | — | $66,963 |
| CADARET GRANT & COMPANY INC | Investment Advisor | — | $39,739 | $39,739 |
| RIMKUS, MARCIANO, & ASSOCIATES INC | Recordkeeper | $6,344 | $7,466 | $13,810 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,512
- Estimated Expense Ratio: 0.660% 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 | $73,308 | — | $73,308 | — | — |
| 2023 | $50,082 | — | $50,082 | — | — |
| 2022 | $4,781 | — | — | — | $4,781 |