Plan Snapshot
- Plan Sponsor: Value Drug, Ltd. Dba Pharmacare
- Sponsor EIN: 990092861
- Sponsor Address: 3375 KOAPAKA STREET, SUITE G320, HONOLULU, HI, 968191898
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $18.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 105 | $18.5M | $241,826 | $636,656 |
| 2023 | 118 | $17.7M | $220,065 | $607,329 |
| 2022 | 126 | $15.8M | $239,418 | $680,352 |
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 |
|---|---|---|---|---|
| CW ASSOCIATES CPAS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $64,613 | $35,883 | — | — | — |
| 2023 | $57,106 | $32,118 | — | — | — |
| 2022 | $58,459 | $56,798 | — | — | — |