Retirement plan

GYMA LABORATORIES OF AMERICA, INC. 401(K) PROFIT SHARING PLAN

Name: GYMA LABORATORIES OF AMERICA, INC. - GYMA LABORATORIES OF AMERICA, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: GYMA LABORATORIES OF AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GYMA LABORATORIES OF AMERICA, INC. 401(K) PROFIT SHARING PLAN, GYMA LABORATORIES OF AMERICA, INC.

GYMA LABORATORIES OF AMERICA, INC.EIN 11-1676038Plan #002PY 2016

135 CANTIAGUE ROCK ROAD - WESTBURY, NY 11590516-681-3377gyma.comLinkedIn11-50 employeespharmaceuticals

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$994K

+33.0% from 2015

Total participants

-4.5% from 2015

Average account balance

$49,703

+39.6% from 2015

Annual return

8.37%

+9.36 pp from 2015

Benchmarks

See 30,914 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,914 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.90M

Not enough data

1 years with asset history on file

Average account balance

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

$244K

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.

106.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$211K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+13.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6041

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 codes2E2J3D

Plan features

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

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

$50K

$2800 / participant

Other / not subdivided$50K100.0%

% of EOY assets

5.070%

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

$49,703

$90,486-45.1%

$78,676-36.8%

$273,972-81.9%

Participation rate

94.4%

76.5%+17.9pp

73.6%+20.9pp

83.0%+11.4pp

Annual return

8.37%

75.62%-67.2pp

62.19%-53.8pp

41.46%-33.1pp

Employer contribution / active EE

$5,041

$3,175+58.8%

$2,850+76.9%

$4,869+3.5%

Participant deferral / active EE

$7,846

$3,901+101.1%

$3,517+123.1%

$5,287+48.4%

Admin fee / account holder

$2,520

$5,263-52.1%

$4,510-44.1%

$10,133-75.1%

GYMA LABORATORIES OF AMERICA, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GYMA LABORATORIES OF AMERICA, INC. 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