401(k)
2024 plan-year 401(k) DOL Form 5500

GALEPHAR PHARMACEUTICAL RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

GALEPHAR PHARMACEUTICAL RESEARCH INC

This 401(k) plan holds $464K in total assets and serves 121 participants as of 2024. It is sponsored by GALEPHAR PHARMACEUTICAL RESEARCH INC in Puerto Rico. The plan reported positive net income of $242K for the year.

Total Assets (2023)
$464K
Participants
121
State
Industry
Professional & Technical Services

What the Filing Says About GALEPHAR PHARMACEUTICAL RETIREMENT PLAN

GALEPHAR PHARMACEUTICAL RETIREMENT PLAN is a 401(k) retirement plan sponsored by GALEPHAR PHARMACEUTICAL RESEARCH INC, headquartered in Puerto Rico. As of the 2024 Form 5500 filing, the plan reports $464K in total end-of-year assets and covers 121 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 660565645, and the plan has been effective since 2023-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $222K at the beginning of 2024 to $464K at year-end — a gain of 109.0%. Net assets (after liabilities) closed the year at $464K, with reported net income of $242K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$222K
Total Assets (End of Year)$464K
Net Assets (End of Year)$464K
Net Income$242K
Plan Type401(k)
Employer EIN660565645
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Puerto Rico

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

Frequently Asked Questions

How much money is in the GALEPHAR PHARMACEUTICAL RETIREMENT PLAN?
As of the 2024 Form 5500 filing, GALEPHAR PHARMACEUTICAL RETIREMENT PLAN holds $464K in total assets with 121 participants. It is sponsored by GALEPHAR PHARMACEUTICAL RESEARCH INC.
What type of plan is GALEPHAR PHARMACEUTICAL RETIREMENT PLAN?
GALEPHAR PHARMACEUTICAL RETIREMENT PLAN is a 401(k) plan. It has been effective since 2023-01-01. The plan is filed with the U.S. Department of Labor under EIN 660565645.
Who sponsors the GALEPHAR PHARMACEUTICAL RETIREMENT PLAN?
GALEPHAR PHARMACEUTICAL RETIREMENT PLAN is sponsored by GALEPHAR PHARMACEUTICAL RESEARCH INC, located in Puerto Rico. The sponsor's EIN is 660565645 and the plan operates in the Professional & Technical Services industry.
How did GALEPHAR PHARMACEUTICAL RETIREMENT PLAN perform in 2024?
GALEPHAR PHARMACEUTICAL RETIREMENT PLAN grew by 109.0% during 2024, moving from $222K to $464K in total assets. Net income was $242K.
Where can I find official filings for GALEPHAR PHARMACEUTICAL RETIREMENT PLAN?
Official Form 5500 filings for GALEPHAR PHARMACEUTICAL RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 660565645 or plan name at efast.dol.gov.
How does GALEPHAR PHARMACEUTICAL RETIREMENT PLAN compare to other plans?
You can compare GALEPHAR PHARMACEUTICAL RETIREMENT PLAN against other 401(k) plans on the plan type page, or view plans in Puerto Rico on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 660565645.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.