401(k) · DOL Form 5500 · 2023

Propharma Group 401(k) Plan

Data updated 2026-08-25

$89M
Total assets Below avg plan size
1,591
Participants Near avg headcount
90th
Percentile by assets National rank
$56,058
Avg per participant Low balance/head
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Official DOL plan name: Propharma Group 401(k) Plan · Sponsored by Propharma Group · North Carolina · Professional & Technical Services

$89M in assets, 1,591 participants

Propharma Group's Propharma Group 401(k) Plan reported $89M in total assets and 1,591 participants in its 2023 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,629 in Professional & Technical Services (20,321 peers)

Where Propharma Group 401(k) Plan sits by assets

Propharma Group 401(k) Plan sits in the top 10% of all filed plans by assets, $89M for 1,591 participants (~$56,058/participant), up 106.7% in 2023.

#18,629
in Professional & Technical Services (20,321 peers)
+106.7%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Propharma Group 401(k) Plan's outsized position by total assets

Propharma Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$89,187,537 Top 10% higher than 90% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Propharma Group 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Propharma Group 401(k) Plan lands in the large band (1,591 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Propharma Group 401(k) Plan reported net income rose from $1M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Propharma Group 401(k) Plan end-of-year assets rose from $43M in the plan year 2022 filing to $89M in the plan year 2023 filing.
  • Propharma Group 401(k) Plan reported participants rose from 1,038 in the plan year 2022 filing to 1,591 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 464258733 · Propharma Group PY 2023 · 401(k)

Propharma Group 401(k) Plan · $89M · 1,591 · 90th

  • TYPE $89M
  • NET 1,591
  • BOOK 90th
  • VS-ST 401(k)
  • BOY near Spitzer Management Inc Profit Sharing and Savings Plan
  • SCH ind #18629

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in North Carolina →

Propharma Group 401(k) Plan in the asset neighbourhood

Propharma Group 401(k) Plan$89MSpitzer Management Inc Profit Sharing and Savings PlanSpitzer Management Inc Profi…$89MCamfil USA, Inc. 401(k) Plan$89MMka International, Inc. 401(k) Profit Sharing PlanMka International, Inc. 401(…$89MGranger Medical Clinic, P.C. 401(k) and Profit Sharing PlanGranger Medical Clinic, P.C.…$89M
End-of-year total assets ($M) among Propharma Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$89M
Net Income$26M
Employer EIN464258733
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Propharma Group)

Sponsor-wide plan assets over time

All Propharma Group plans reported in each filing year

Latest sponsor-wide plan assets
$105M 142.59686573934925% vs 2022
2024 filing year
$20M$40M$60M$80M$100M$120M 202220232024 $43.2M $105M ▲ +142.6%
Year Plans Participants Total Assets
2022 1 1,038 $43M
2023 1 1,591 $89M
2024 1 2,242 $105M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Propharma Group 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Propharma Group 401(k) Plan, Total assets ($B): 0.089187537 · Participants: 1591Propharma Group 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Propharma Group 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Propharma Group 401(k) Plan side-by-side with 3 peers →

Propharma Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Spitzer Management Inc Profit Sharing and Savings Plan in OH ($89M); by covered participants it is 1 Source Business Solutions 401(k) Plan in UT (1,591 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,591 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Propharma Group 401(k) Plan assets move in 2023? ▼
Propharma Group 401(k) Plan surged - up 106.7% during 2023, from $43M to $89M. Reported net income was $26M.
How have Propharma Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Propharma Group's sponsor-wide assets grew 142.6%, from $43M to $105M.
Where does Propharma Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Propharma Group 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Propharma Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Spitzer Management Inc Profit Sharing and Savings Plan in OH ($89M, 712 participants).
Which 401(k) plans cover a similar participant headcount to Propharma Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 1 Source Business Solutions 401(k) Plan in UT (1,591 participants, $31M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 464258733.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.