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TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameTWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

TWIN CITY PHARMACY INC has sponsored the creation of one or more 401k plans.

Company Name:TWIN CITY PHARMACY INC
Employer identification number (EIN):223643876
NAIC Classification:446110
NAIC Description:Pharmacies and Drug Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SANDRA M CASSIO2024-05-03
0012022-01-01SANDRA CASSIO2023-05-23 SANDRA CASSIO2023-05-23
0012021-01-01SANDRA M CASSIO2022-05-16
0012020-01-01SANDRA M CASSIO2021-05-18
0012019-01-01SANDRA M CASSIO2020-04-13
0012018-01-01SANDRA M. CASSIO2019-07-08
0012017-01-01SANDRA M. CASSIO2018-06-11
0012016-01-01SANDY CASSIO2017-06-12
0012015-01-01SANDRA M. CASSIO2016-06-09
0012014-01-01SANDRA M. CASSIO2015-06-16
0012013-01-01SANDRA CASSIO2014-07-11
0012012-01-01TWIN CITY PHARMACY INC2013-06-06
0012011-01-01TWIN CITY PHARMACY INC2012-08-01

Plan Statistics for TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2025: TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST 2025 401k membership
Total number of particpants at beginning of year2025-05-0950
Total number of particpants at end of year2025-05-0954
Number of Participants With Account Balances2025-05-0942
2024: TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST 2024 401k membership
Total number of particpants at beginning of year2024-05-0352
Total number of particpants at end of year2024-05-0346
Number of Participants With Account Balances2024-05-0343
2022: TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k membership
Total number of particpants at beginning of year2022-05-1639
Total number of particpants at end of year2022-05-1647
Number of Participants With Account Balances2022-05-1627

Financial Data on TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2025 : TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-05-090
Total expenses incurred by plan in this plan year2025-05-09136510
Net assets as of the end of the plan year2025-05-093705565
Total assets as of the beginning of the plan year2025-05-093109921
Value of plan covered by a fidelity bond2025-05-09400000
Participant contributions to plan in this plan year2025-05-09179215
Value of participant loans at end of plan year2025-05-0923804
Other income to plan in this plan year2025-05-09479309
Plan net income in this plan year2025-05-09595644
Net assets as of the end of the plan year2025-05-093705565
Net assets as of the beginning of the plan year2025-05-093109921
Employer contributions to plan in this plan year2025-05-0973630
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-0920968
2024 : TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-05-030
Total expenses incurred by plan in this plan year2024-05-0320880
Net assets as of the end of the plan year2024-05-033109921
Total assets as of the beginning of the plan year2024-05-032420371
Value of plan covered by a fidelity bond2024-05-03400000
Participant contributions to plan in this plan year2024-05-03177317
Value of participant loans at end of plan year2024-05-035647
Other income to plan in this plan year2024-05-03464376
Plan net income in this plan year2024-05-03689550
Net assets as of the end of the plan year2024-05-033109921
Net assets as of the beginning of the plan year2024-05-032420371
Employer contributions to plan in this plan year2024-05-0368737
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-0316733
2022 : TWIN CITY PHARMACY INC 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-05-160
Total expenses incurred by plan in this plan year2022-05-16227644
Net assets as of the end of the plan year2022-05-162698423
Total assets as of the beginning of the plan year2022-05-162380055
Value of plan covered by a fidelity bond2022-05-16270000
Participant contributions to plan in this plan year2022-05-16132744
Value of participant loans at end of plan year2022-05-168954
Other income to plan in this plan year2022-05-16366032
Plan net income in this plan year2022-05-16318368
Net assets as of the end of the plan year2022-05-162698423
Net assets as of the beginning of the plan year2022-05-162380055
Value of contributions failed to transmitted timely2022-05-163881
Employer contributions to plan in this plan year2022-05-1647236
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-1614858

Potentially related plans

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