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SOUTH SIDE DRUGS 401(K) PLAN 401k Plan overview

Plan NameSOUTH SIDE DRUGS 401(K) PLAN
Plan identification number 001

SOUTH SIDE DRUGS 401(K) PLAN 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.
  • 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

SOUTH SIDE PHARMACY, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOUTH SIDE PHARMACY, INC.
Employer identification number (EIN):620895411
NAIC Classification:446110
NAIC Description:Pharmacies and Drug Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH SIDE DRUGS 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-04-01DREW SLOAN2024-06-04
0012022-04-01DREW SLOAN2023-08-11
0012021-04-01DREW SLOAN2023-01-13
0012020-04-01DREW SLOAN2021-07-19
0012019-04-01DREW SLOAN2020-12-23
0012018-04-01DREW SLOAN2020-01-03
0012017-04-01DREW SLOAN2018-07-24

Financial Data on SOUTH SIDE DRUGS 401(K) PLAN

Measure Date Value
2025 : SOUTH SIDE DRUGS 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-07-300
Total expenses incurred by plan in this plan year2025-07-308777
Net assets as of the end of the plan year2025-07-30538391
Total assets as of the beginning of the plan year2025-07-30466392
Value of plan covered by a fidelity bond2025-07-3046639
Participant contributions to plan in this plan year2025-07-3024029
Other income to plan in this plan year2025-07-3028720
Plan net income in this plan year2025-07-3071999
Net assets as of the end of the plan year2025-07-30538391
Net assets as of the beginning of the plan year2025-07-30466392
Employer contributions to plan in this plan year2025-07-3028027
Fees paid to broker by Benefit Provider2025-07-30253
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-308777
2024 : SOUTH SIDE DRUGS 401(K) PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-040
Total liabilities as of the end of the plan year2024-06-040
Total liabilities as of the beginning of the plan year2024-06-040
Total expenses incurred by plan in this plan year2024-06-0429093
Net assets as of the end of the plan year2024-06-04466392
Total assets as of the beginning of the plan year2024-06-04383129
Value of plan covered by a fidelity bond2024-06-0438313
Participant contributions to plan in this plan year2024-06-0428352
Other expenses paid from plan in this plan year2024-06-047422
Other contributions to plan in this plan year2024-06-040
Other income to plan in this plan year2024-06-0459771
Plan net income in this plan year2024-06-0483263
Net assets as of the end of the plan year2024-06-04466392
Net assets as of the beginning of the plan year2024-06-04383129
Employer contributions to plan in this plan year2024-06-0424233
Fees paid to broker by Benefit Provider2024-06-04304
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-04100
2023 : SOUTH SIDE DRUGS 401(K) PLAN 2023 401k financial data
Total expenses incurred by plan in this plan year2023-01-136127
Net assets as of the end of the plan year2023-01-13361006
Total assets as of the beginning of the plan year2023-01-13289048
Value of plan covered by a fidelity bond2023-01-1330000
Participant contributions to plan in this plan year2023-01-1346958
Other expenses paid from plan in this plan year2023-01-136127
Other income to plan in this plan year2023-01-137114
Plan net income in this plan year2023-01-1371958
Net assets as of the end of the plan year2023-01-13361006
Net assets as of the beginning of the plan year2023-01-13289048
Employer contributions to plan in this plan year2023-01-1324013
Fees paid to broker by Benefit Provider2023-01-13168

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