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P & S PHARMACY, LLC, PROFIT SHARING PLAN 401k Plan overview

Plan NameP & S PHARMACY, LLC, PROFIT SHARING PLAN
Plan identification number 001

P & S PHARMACY, LLC, PROFIT SHARING 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
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

P & S PHARMACY, LLC has sponsored the creation of one or more 401k plans.

Company Name:P & S PHARMACY, LLC
Employer identification number (EIN):810632195
NAIC Classification:446110
NAIC Description:Pharmacies and Drug Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan P & S PHARMACY, LLC, PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01RAHULKUMAR M PATEL2024-04-15
0012022-01-01RAHULKUMAR M PATEL2023-10-05
0012021-01-01RAHULKUMAR M PATEL2022-08-29
0012020-01-01RAHULKUMAR M PATEL2021-05-28
0012019-01-01RAHULKUMAR M PATEL2020-09-18
0012018-01-01RAHULKUMAR PATEL2019-05-21
0012017-01-01RAHULKUMAR M PATEL2018-09-11
0012016-01-01RAHULKUMAR M PATEL2017-04-03
0012015-01-01RAHULKUMAR M PATEL2016-03-23
0012014-01-01RAHULKUMAR M PATEL2015-03-11
0012013-01-01RAHULKUMAR M PATEL2014-03-18
0012012-01-01RAHULKUMAR M PATEL2013-02-27

Financial Data on P & S PHARMACY, LLC, PROFIT SHARING PLAN

Measure Date Value
2025 : P & S PHARMACY, LLC, PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-03-240
Total liabilities as of the beginning of the plan year2025-03-240
Total expenses incurred by plan in this plan year2025-03-2419968
Net assets as of the end of the plan year2025-03-241675515
Total assets as of the beginning of the plan year2025-03-241334659
Value of plan covered by a fidelity bond2025-03-2475000
Participant contributions to plan in this plan year2025-03-2430500
Other income to plan in this plan year2025-03-24290348
Plan net income in this plan year2025-03-24340856
Net assets as of the end of the plan year2025-03-241675515
Net assets as of the beginning of the plan year2025-03-241334659
Employer contributions to plan in this plan year2025-03-2439976
2024 : P & S PHARMACY, LLC, PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-04-150
Total liabilities as of the beginning of the plan year2024-04-150
Total expenses incurred by plan in this plan year2024-04-150
Net assets as of the end of the plan year2024-04-151334659
Total assets as of the beginning of the plan year2024-04-151019302
Value of plan covered by a fidelity bond2024-04-1575000
Participant contributions to plan in this plan year2024-04-1530000
Other contributions to plan in this plan year2024-04-150
Other income to plan in this plan year2024-04-15198371
Plan net income in this plan year2024-04-15315357
Net assets as of the end of the plan year2024-04-151334659
Net assets as of the beginning of the plan year2024-04-151019302
Employer contributions to plan in this plan year2024-04-1586986
2022 : P & S PHARMACY, LLC, PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-08-290
Total liabilities as of the end of the plan year2022-08-290
Total liabilities as of the beginning of the plan year2022-08-290
Total expenses incurred by plan in this plan year2022-08-29320
Net assets as of the end of the plan year2022-08-291107355
Total assets as of the beginning of the plan year2022-08-29872953
Value of plan covered by a fidelity bond2022-08-2975000
Participant contributions to plan in this plan year2022-08-2926000
Value of participant loans at end of plan year2022-08-290
Other expenses paid from plan in this plan year2022-08-290
Other contributions to plan in this plan year2022-08-290
Other income to plan in this plan year2022-08-29136179
Plan net income in this plan year2022-08-29234402
Net assets as of the end of the plan year2022-08-291107355
Net assets as of the beginning of the plan year2022-08-29872953
Value of contributions failed to transmitted timely2022-08-290
Employer contributions to plan in this plan year2022-08-2972543
Fees paid to broker by Benefit Provider2022-08-290
Expensese paid to adminstrative service provicers from plan in this plan year2022-08-290

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