Pharmerica Corporation 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Pharmerica Corporation 401(k) Plan Facts (plan year 2019)

Plan name
PHARMERICA CORPORATION 401K RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PHARMERICA CORPORATION
Participants
7,563 (4,088 active employees)
Former employees with a balance
3,190
Plan assets
$413,436,289 at Dec 31, 2019
Average account balance
$56,204 across 7,356 accounts
Employer contributions
$8,657,949 in plan year 2019 (22% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Aug 15, 1987
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 15, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $39.4 million went into the plan in contributions, $8.66 million of it from the employer (22%).
  • $33.9 million was paid out to participants.
  • Investment and other income added $78.9 million.
  • Administrative expenses were $222,339, about $30 per account.

How the Pharmerica Corporation 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20147,311$263.9 million$6.61 million$25.3 million
20157,631$268.8 million$6.85 million$23.6 million
20168,058$287.5 million$7.35 million$29.4 million
20177,669$350.8 million$8.15 million$23.1 million
20187,929$329.2 million$7.91 million$35.4 million
20197,563$413.4 million$8.66 million$33.9 million

Pharmerica Corporation 401(k) Contact Information

Phone
502-627-7000
Mailing address
805 N. WHITTINGTON PKWY, LOUISVILLE KY 40222
Plan sponsor
PHARMERICA CORPORATION
Employer identification number (EIN)
87-0792558
Plan number
002

Questions about the Pharmerica Corporation 401(k)

Is the Pharmerica Corporation 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Pharmerica Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $8.66 million, 22% of all contributions.

Does the Pharmerica Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Pharmerica Corporation 401(k) plan?

7,563 participants at the start of plan year 2019, 4,088 of them active employees, and 3,190 former employees who still had money in the plan.

What is the average 401(k) balance at Pharmerica Corporation?

About $56,204 per account: $413.4 million in plan assets across 7,356 accounts with a balance at the end of plan year 2019.

Who manages the Pharmerica Corporation 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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