401k Plan data: SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT plan

SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT 401k Plan overview

Plan Name	SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT
Plan identification number	001

SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT Benefits

401k Plan Type

Defined 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.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SALVEO SPECIALTY PHARMACY has sponsored the creation of one or more 401k plans.

Company Name: SALVEO SPECIALTY PHARMACY

Employer identification number (EIN): 452219585

NAIC Classification: 446110
NAIC Description: Pharmacies and Drug Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2015-01-01 DAVID E. STRAUSS
001 2014-01-01 DAVID E. STRAUSS
001 2013-01-01
001 2012-04-01 JEFF FREEDMAN 2013-09-18

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2015-01-01	DAVID E. STRAUSS
001	2014-01-01	DAVID E. STRAUSS
001	2013-01-01
001	2012-04-01	JEFF FREEDMAN	2013-09-18

Plan Statistics for SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT

401k plan membership statisitcs for SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT

Measure Date Value
2015: SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT 2015 401k membership
Total participants, beginning-of-year 2015-01-01 184
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 0
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 0
Total of all active and inactive participants 2015-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 0
Number of participants with account balances 2015-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT 2014 401k membership
Total participants, beginning-of-year 2014-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 165
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 19
Total of all active and inactive participants 2014-01-01 184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 184
Number of participants with account balances 2014-01-01 153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 1

Measure	Date	Value
2015: SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT 2015 401k membership
Total participants, beginning-of-year	2015-01-01	184
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	0
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	0
Total of all active and inactive participants	2015-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	0
Number of participants with account balances	2015-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT 2014 401k membership
Total participants, beginning-of-year	2014-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	165
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	19
Total of all active and inactive participants	2014-01-01	184
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	184
Number of participants with account balances	2014-01-01	153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	1

Financial Data on SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT

Measure	Date	Value
2015 : SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-06-09	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-06-09	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-06-09	$0
Total income from all sources (including contributions)	2015-06-09	$114,968
Total loss/gain on sale of assets	2015-06-09	$0
Total of all expenses incurred	2015-06-09	$3,173,711
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-06-09	$3,151,191
Expenses. Certain deemed distributions of participant loans	2015-06-09	$10,783
Value of total corrective distributions	2015-06-09	$485
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-06-09	$1,097
Value of total assets at end of year	2015-06-09	$0
Value of total assets at beginning of year	2015-06-09	$3,058,743
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-06-09	$11,252
Total interest from all sources	2015-06-09	$6,988
Total dividends received (eg from common stock, registered investment company shares)	2015-06-09	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-06-09	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2015-06-09	$0
Was this plan covered by a fidelity bond	2015-06-09	Yes
Value of fidelity bond cover	2015-06-09	$500,000
If this is an individual account plan, was there a blackout period	2015-06-09	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-06-09	$0
Were there any nonexempt tranactions with any party-in-interest	2015-06-09	No
Contributions received from participants	2015-06-09	$658
Participant contributions at end of year	2015-06-09	$0
Participant contributions at beginning of year	2015-06-09	$16,141
Participant contributions at end of year	2015-06-09	$0
Participant contributions at beginning of year	2015-06-09	$178
Administrative expenses (other) incurred	2015-06-09	$8,402
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-06-09	No
Value of net income/loss	2015-06-09	$-3,058,743
Value of net assets at end of year (total assets less liabilities)	2015-06-09	$0
Value of net assets at beginning of year (total assets less liabilities)	2015-06-09	$3,058,743
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-06-09	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-06-09	No
Were any leases to which the plan was party in default or uncollectible	2015-06-09	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2015-06-09	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2015-06-09	$2,359,599
Interest on participant loans	2015-06-09	$456
Interest earned on other investments	2015-06-09	$6,532
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2015-06-09	$0
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2015-06-09	$669,578
Net investment gain/loss from pooled separate accounts	2015-06-09	$106,883
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-06-09	No
Was there a failure to transmit to the plan any participant contributions	2015-06-09	No
Has the plan failed to provide any benefit when due under the plan	2015-06-09	No
Contributions received in cash from employer	2015-06-09	$439
Employer contributions (assets) at end of year	2015-06-09	$0
Employer contributions (assets) at beginning of year	2015-06-09	$13,247
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-06-09	$3,151,191
Contract administrator fees	2015-06-09	$2,850
Did the plan have assets held for investment	2015-06-09	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-06-09	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-06-09	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-06-09	Yes
Opinion of an independent qualified public accountant for this plan	2015-06-09	Disclaimer
Accountancy firm name	2015-06-09	BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN	2015-06-09	390859910
2014 : SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total transfer of assets to this plan	2014-12-31	$790,813
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$864,377
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$375,845
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$374,201
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$772,723
Value of total assets at end of year	2014-12-31	$3,058,743
Value of total assets at beginning of year	2014-12-31	$1,779,398
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$1,644
Total interest from all sources	2014-12-31	$19,290
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2014-12-31	No
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$500,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$502,780
Participant contributions at end of year	2014-12-31	$16,141
Participant contributions at beginning of year	2014-12-31	$10,189
Participant contributions at end of year	2014-12-31	$178
Participant contributions at beginning of year	2014-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$15,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$488,532
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$3,058,743
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$1,779,398
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2014-12-31	$2,359,599
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2014-12-31	$1,158,909
Interest on participant loans	2014-12-31	$937
Interest earned on other investments	2014-12-31	$18,353
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2014-12-31	$669,578
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2014-12-31	$490,635
Net investment gain/loss from pooled separate accounts	2014-12-31	$72,364
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	No
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$254,943
Employer contributions (assets) at end of year	2014-12-31	$13,247
Employer contributions (assets) at beginning of year	2014-12-31	$119,665
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$374,201
Contract administrator fees	2014-12-31	$1,644
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	BAKER TILLY VIRCHOW KRAUSE, LLP
Accountancy firm EIN	2014-12-31	390859910

Form 5500 Responses for SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT

2015: SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	Yes
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: SALVEO SPECIALTY PHARMACY, INC. 401(K) PROFIT 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )

Policy contract number

GA-830394

Policy instance

Insurance contract or identification number	GA-830394
Number of Individuals Covered	0
Insurance policy start date	2015-01-01
Insurance policy end date	2015-06-09
Total amount of commissions paid to insurance broker	USD $5,981
Total amount of fees paid to insurance company	USD $1,349
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $5,981
Insurance broker organization code?	3
Amount paid for insurance broker fees	748
Additional information about fees paid to insurance broker	ADMINISTRATION ALLOWANCES
Insurance broker name	MERRILL LYNCH, PIERCE, FENNER

HARTFORD LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 88072 )

Policy contract number

GA-830394

Policy instance

Insurance contract or identification number	GA-830394
Number of Individuals Covered	116
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $9,260
Total amount of fees paid to insurance company	USD $2,080
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $9,260
Insurance broker organization code?	3
Amount paid for insurance broker fees	1157
Additional information about fees paid to insurance broker	ADMINISTRATION ALLOWANCES
Insurance broker name	MERRILL LYNCH, PIERCE, FENNER

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	SALVEO SPECIALTY PHARMACY
Employer identification number (EIN):	452219585
NAIC Classification:	446110
NAIC Description:	Pharmacies and Drug Stores