Retirement plan
ANACOR PHARMACEUTICALS, INC. 401(K) PLAN
PFIZER INC.EIN 13-5315170Plan #025PY 2016
100 ROUTE 206 NORTH - PEAPACK, NJ 07977908-901-8000pfizer.comLinkedIn10001+ employeespharmaceuticals
Prospect flagsHigh feesLow fidelity bond
Filing contacts
From the Form 5500, federal recordPlan administrator entity
THE SAVINGS PLAN COMMITTE PFIZER INC.
EIN 132875255
Summary metrics
Total assets (EOY)
$11.4M
No prior year
Total participants
124
No prior year
Average account balance
$101,579
No prior year
Annual return
9.85%
+55.22 pp from 2017
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants25-99
Cohort6,045 peers
Snapshot2016
95
Participant deferral / active EE
$18,697
median $2,225
83
Employer contribution / active EE
$5,353
median $1,015
65
Participation rate
86.5%
median 75.0%
86
Avg account balance
$101,579
median $48,243
71
Admin fee / account holder
$561
median $1,711
81
Annual return
9.85%
median 6.96%
Overall peer rank
80of 100
80th percentileavg across 6 metrics
Analytics
Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.
Service providers
Top 4 by compensation
| Provider | Service type | Compensation |
|---|---|---|
EMPOWER RETIREMENT ADV. SERVICES1+ years Service code 28 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENVILLAGE, CO 80111 | Investment Management | $38,304 |
LPL FINANCIAL LLC1+ years Service code 55 · EIN 95-2834236 P. O. BOX 509026 · SAN DIEGO, CA 921509026 | Other Commissions | $20,377 |
ACTUARIAL BENEFITS CORP1+ years Service code 13 · EIN 20-1054428 2790 SKYPARK DRIVE, SUITE 300 · TORRANCE, CA 90505 | Contract Administrator | $16,363 |
IFP ADVISORS INC1+ years Service code 27 DBA INDEPENDENT FINANCIAL PARTNER · TAMPA, FL 33607 | Advisory (Plan) | $16,363 |
Top hat statement on fileNQDC
Filed July 27, 2011 (most recent of 5 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
Plan features & details
Pension benefit codes2E2F2G2J2K3D
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 3DPre-approved pension planA master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
Opportunity flags
2 tripped
- OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
- ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Expense breakdown
Schedule H Part II
Admin total
$63K
$706 / participant
- Contract admin$63K100.0%
% of EOY assets
0.552%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Disclaimer opinion
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
- Auditor firm
- KPMG LLP
- Auditor EIN
- 135565207
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer