Retirement plan

OCTAPHARMA PLASMA, INC. 401 K PLAN

Name: OCTAPHARMA PLASMA, INC. - OCTAPHARMA PLASMA, INC. 401 K PLAN (2015) Form 5500
Creator: OCTAPHARMA PLASMA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OCTAPHARMA PLASMA, INC. 401 K PLAN, OCTAPHARMA PLASMA, INC.

OCTAPHARMA PLASMA, INC.EIN 20-0561852Plan #001PY 2015

10644 WESTLAKE DRIVE - CHARLOTTE, NC 28273704-654-4600octapharmaplasma.comLinkedIn1001-5000 employeespharmaceuticals

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$17.2M

No prior year

Total participants

2,274

No prior year

Average account balance

$8,342

No prior year

Annual return

-0.05%

No prior year

Benchmarks

See 568 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort568 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$106.05M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

5,235

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24.99M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$207

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$119,370
HENSSLER ASSET MANAGEMENT LLC1+ years Filed as: HENSSLER ASSET MANAGEMENT, LLC Service code 27 · EIN 58-2380817	Advisory (Plan)	$33,249
QP CONSULTING1+ years Filed as: QP CONSULTING, LLC Service code 53 · EIN 01-0755987	Insurance Commissions	$31,829
QUALIFIED PLANS, LLC1+ years Service code 13 · EIN 58-2605083	Contract Administrator	$12,449
STANLEY BENEFIT SERVICES, INC.1+ years Filed as: STANLEY R DOMINEY Service code 53 200 W FORSYTH ST · JACKSONVILLE, FL 32202	Insurance Commissions	$0

Plan features & details

Pension benefit codes2E2F2J2K2T3D2S

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).
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.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$119K

$59 / participant

Contract admin$119K100.0%

% of EOY assets

0.694%

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: ANDERSON SMITH & WIKE PLLC
Auditor EIN: 271473864
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$8,342

$86,791-90.4%

$115,038-92.7%

$59,188-85.9%

Participation rate

89.6%

72.8%+16.7pp

81.4%+8.2pp

69.4%+20.1pp

Annual return

-0.05%

4.44%-4.5pp

26.14%-26.2pp

5.51%-5.6pp

Employer contribution / active EE

$752

$2,950-74.5%

$4,608-83.7%

$2,098-64.2%

Participant deferral / active EE

$1,054

$5,298-80.1%

$6,026-82.5%

$3,265-67.7%

Admin fee / account holder

$58

$95-39.1%

$8,175-99.3%

$92-37.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$119,370

HENSSLER ASSET MANAGEMENT LLC1+ years

Filed as: HENSSLER ASSET MANAGEMENT, LLC

Service code 27 · EIN 58-2380817

Advisory (Plan)

$33,249

QP CONSULTING1+ years

Filed as: QP CONSULTING, LLC

Service code 53 · EIN 01-0755987

Insurance Commissions

$31,829

QUALIFIED PLANS, LLC1+ years

Service code 13 · EIN 58-2605083

Contract Administrator

$12,449

STANLEY BENEFIT SERVICES, INC.1+ years

Filed as: STANLEY R DOMINEY

Service code 53

200 W FORSYTH ST · JACKSONVILLE, FL 32202

Insurance Commissions

OCTAPHARMA PLASMA, INC. 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OCTAPHARMA PLASMA, INC. 401 K 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