Retirement plan

401(K) SAVINGS AND INVESTMENT PLAN

Name: EMD MILLIPORE CORPORATION - 401(K) SAVINGS AND INVESTMENT PLAN (2016) Form 5500
Creator: EMD MILLIPORE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) SAVINGS AND INVESTMENT PLAN, EMD MILLIPORE CORPORATION

EMD MILLIPORE CORPORATIONEIN 04-2170233Plan #001PY 2016

400 SUMMIT DRIVE - BURLINGTON, MA 01803978-715-1244merckmillipore.comLinkedIn10001+ employeespharmaceuticals

Other plans on this EIN

1 filing

#005Retirement--

Prospect flagsLow participationHigh assets / participantLow participant contributionCorrective distributions

Top hat statement on fileNQDC

Filed March 29, 2012 (most recent of 3 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.

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Total assets (EOY)

$1702.3M

+137.4% from 2015

Total participants

13,506

+141.5% from 2015

Average account balance

$485,943

+264.5% from 2015

Annual return

144.38%

+136.87 pp from 2015

Benchmarks

See 85 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort85 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.20M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$56K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

650.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$113K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.50%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN, LEWIS & BOCKIUS LLP Service code 29 · EIN 23-0891050	Legal	$138,211
THE PFE GROUP2+ years Service code 16 · EIN 71-1036677	Consulting	$73,289
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPTRUST Service code 99 · EIN 26-0058143	Other Fees	$60,000
T ROWE PRICE RPS INC2+ years Service code 10 100 EAST PRATT STREET · BALTIMORE, MD 60693	Accounting	$27,478
PLANTE & MORAN, PLLC1 year Filed as: PLANTE MORAN FINANCIAL ADVISORS Service code 10 16060 COLLECTIONS CENTER DRIVE · CHICAGO, IL 60693	Accounting	$25,757
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$5,214

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3F3H3J

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.
2K
Code section 401(m) arrangement
Employee 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3J
U.S.-based Puerto Rico dual-qualified plan
U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$330K

$33 / participant

Other / not subdivided$330K100.0%

% of EOY assets

0.019%

all-in expense ratio

Categories reported

0 / 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: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$485,943

$126,925+282.9%

$74,184+555.1%

$329,111+47.7%

Participation rate

0.0%

87.5%-87.5pp

76.6%-76.6pp

67.9%-67.9pp

Annual return

144.38%

10.67%+133.7pp

17.74%+126.6pp

16.35%+128.0pp

Employer contribution / active EE

$1,983

$3,536-43.9%

$2,370-16.3%

$2,303-13.9%

Participant deferral / active EE

$3,227

$6,619-51.3%

$3,550-9.1%

$3,682-12.4%

Admin fee / account holder

$94

$64+48.3%

$5,586-98.3%

$754-87.5%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN, LEWIS & BOCKIUS LLP

Service code 29 · EIN 23-0891050

Legal

$138,211

THE PFE GROUP2+ years

Service code 16 · EIN 71-1036677

Consulting

$73,289

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPTRUST

Service code 99 · EIN 26-0058143

Other Fees

$60,000

T ROWE PRICE RPS INC2+ years

Service code 10

100 EAST PRATT STREET · BALTIMORE, MD 60693

Accounting

$27,478

PLANTE & MORAN, PLLC1 year

Filed as: PLANTE MORAN FINANCIAL ADVISORS

Service code 10

16060 COLLECTIONS CENTER DRIVE · CHICAGO, IL 60693

Accounting

$25,757

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$5,214

401(K) SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion