Retirement plan

AMEICAN BIOSCIENCES INCORPORATED 401(K) PROFIT SHARING PLAN

Name: AMEICAN BIOSCIENCES INCORPORATED - AMEICAN BIOSCIENCES INCORPORATED 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: AMEICAN BIOSCIENCES INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMEICAN BIOSCIENCES INCORPORATED 401(K) PROFIT SHARING PLAN, AMEICAN BIOSCIENCES INCORPORATED

AMEICAN BIOSCIENCES INCORPORATEDEIN 06-1558665Plan #001PY 2019

560 BRADLEY PARKWAY, UNIT 4 - BLAUVELT, NY 10913845-727-0800LinkedIn11-50 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+32.2% from 2018

Total participants

+8.7% from 2018

Average account balance

$91,965

+44.8% from 2018

Annual return

26.30%

+34.88 pp from 2018

Benchmarks

See 104,312 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,312 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.17M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

250.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$91K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+15.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3174

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

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$15K

$1086 / participant

Other / not subdivided$15K100.0%

% of EOY assets

0.787%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,965

$202,345-54.6%

$172,755-46.8%

$152,885-39.8%

Participation rate

71.4%

87.1%-15.6pp

82.6%-11.2pp

82.5%-11.0pp

Annual return

26.30%

1029.77%-1003.5pp

802.94%-776.6pp

345.39%-319.1pp

Employer contribution / active EE

$1,834

$5,858-68.7%

$5,144-64.4%

$4,763-61.5%

Participant deferral / active EE

$4,367

$5,948-26.6%

$5,198-16.0%

$5,851-25.4%

Admin fee / account holder

$724

$17,111-95.8%

$13,955-94.8%

$11,598-93.8%

AMEICAN BIOSCIENCES INCORPORATED 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMEICAN BIOSCIENCES INCORPORATED 401(K) PROFIT SHARING PLAN

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