Plan Ledger DOL Form 5500 · updated monthly

Pharmacann Inc401(k)

PHARMACANN 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
2.18%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Pharmacann Inc reported $284,642 in plan administrative expenses for 2024: 2.18% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,050 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 1,766th-largest of 3,702 plans among Illinois employers on file, and the 270th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,493,705
Participants with balances2,517
Active participants2,236
Employer contributions$2,346,928
Employee contributions$3,546,458
Employer contribution per active participant$1,050
Average account balance$7,348
Benefits paid to participants$2,681,856
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$209,726
Investment management$74,916
Total administrative$284,642
The Pharmacann Inc 401(k) match · 2024
Employer contribution per active participant$1,050
Median for plans this size$2,416

Pharmacann Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2024$284,642 · 2.18%
Same employer
Similar plansAgriculture, Forestry & Fishing · Illinois
Koch Foods, Inc. IL$101.5M · 0.25%
Team Brandt, LLC IL$88.0M · 0.03%
The Maschhoffs IL$45.6M · 0.14%
United Prairie, LLC IL$16.9M · 0.49%
Scott Byron & Co., Inc. IL$12.6M · 0.52%
Encore Services, LLC IL$11.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 923330222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.