Pharmacann Inc401(k)
PHARMACANN 401(K) PLAN · CHICAGO, IL · plan year 2023
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Pharmacann Inc reported $184,183 in plan administrative expenses for 2023: 3.06% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,155 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 1 year on file its reported administrative ratio rose from 2.22% to 3.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Illinois (2,663rd of 3,702), and 535th of 945 in agriculture, forestry & fishing. In 2023, employees put in $1.63 for every $1.00 the employer contributed.
Pharmacann Inc's 2023 employer contribution ran below the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 471136343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.