Retirement plan

ARENA PHARMACEUTICALS, INC. 401(K) PLAN

PFIZER INC.EIN 13-5315170Plan #028PY 2021
ATTENTION US BENEFITS, 100 ROUTE 206 NORTH - PEAPACK, NJ 07977908-901-8000pfizer.comLinkedIn10001+ employeespharmaceuticals
Prospect flagsFailed to transmit contributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(908) 901-8000
Plan administrator signer
STEPHEN PENNACCHIO
Signed 10/10/2022
Plan administrator entity
THE SAVINGS PLAN COMMITTEE
EIN 135315170
PFIZER INC., 100 ROUTE 206 NORTH · PEAPACK, NJ 07977

Summary metrics

Total assets (EOY)
$83.7M
No prior year
Total participants
635
No prior year
Average account balance
$135,865
No prior year
Annual return
16.57%
+110.57 pp from 2022

Benchmarks

Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants250-999
Cohort1,172 peers
Snapshot2021
Participant deferral / active EE
$16,241
median $3,788
Employer contribution / active EE
$9,652
median $1,865
Participation rate
95.2%
median 91.4%
Avg account balance
$135,865
median $71,413
Admin fee / account holder
$14
median $125
Annual return
16.57%
median 14.51%
Overall peer rank
82nd 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 2 by compensation
ProviderService typeCompensation
Service code 27 · EIN 04-2654524
Advisory (Plan)
$5,319
Service code 37 · EIN 04-2647786
Loan Processing
$3,358

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 codes2E2F2G2J2S2T3D3F
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants 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.
  • 2J
    Code section 401(k) feature
    Cash 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.
  • 2S
    Automatic enrollment
    Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3D
    Pre-approved pension plan
    A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped
  • ComplianceFailed to transmit contributions

    Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II
Admin total
$9K
$22 / participant
  • Investment mgmt$5K61.3%
  • Other / not subdivided$3K38.7%
% of EOY assets
0.010%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
KPMG LLP
Auditor EIN
135565207
Audit fees
(not subdivided)
Opinion code
Unqualified