Retirement plan

OCTAPHARMA PLASMA, INC. 401 K PLAN

Name: OCTAPHARMA PLASMA, INC. - OCTAPHARMA PLASMA, INC. 401 K PLAN (2017) 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 2017

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)

$26.7M

+29.9% from 2016

Total participants

3,111

+7.9% from 2016

Average account balance

$8,937

+18.8% from 2016

Annual return

19.21%

+9.85 pp from 2016

Benchmarks

See 662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort662 peers

Snapshot2017

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 9 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$325,983
AMERICAN FUNDS2 years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS2 years Service code 52 · EIN 22-2370029	Indirect Investment Fees	$0
MARIETTA WEALTH MANAGEMENT1 year Filed as: MARIETTA WEALTH MANAGEMENT LLC Service code 27	Advisory (Plan)	$0
MARIETTA WEALTH MANAGEMENT2 years Filed as: MARIETTA WEALTH MANAGEMENT, LLC Service code 27 · EIN 47-5329166	Advisory (Plan)	$0
QUALIFIED PLANS, LLC2 years Filed as: QUALIFIED PLANS LLC Service code 13	Contract Administrator	$0
QUALIFIED PLANS, LLC3+ years Service code 13 · EIN 58-2605083	Contract Administrator	$0
TIAA2 years Filed as: TIAA-CREF Service code 52 · EIN 13-4055167	Indirect Investment Fees	$0
THE VANGUARD GROUP, INC.2 years Filed as: VANGUARD Service code 52 · EIN 52-0794097	Indirect Investment Fees	$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

$346K

$127 / participant

Contract admin$110K31.7%
Other / not subdivided$236K68.3%

% of EOY assets

1.294%

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

$8,937

$96,458-90.7%

$136,298-93.4%

$77,958-88.5%

Participation rate

95.6%

75.4%+20.2pp

81.9%+13.7pp

71.6%+24.0pp

Annual return

19.21%

23.78%-4.6pp

5156.27%-5137.1pp

20.87%-1.7pp

Employer contribution / active EE

$805

$3,144-74.4%

$4,696-82.9%

$2,310-65.2%

Participant deferral / active EE

$1,243

$5,902-78.9%

$6,247-80.1%

$3,537-64.8%

Admin fee / account holder

$116

$80+43.8%

$9,244-98.7%

$97+18.8%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$325,983

AMERICAN FUNDS2 years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS2 years

Service code 52 · EIN 22-2370029

Indirect Investment Fees

MARIETTA WEALTH MANAGEMENT1 year

Filed as: MARIETTA WEALTH MANAGEMENT LLC

Service code 27

Advisory (Plan)

MARIETTA WEALTH MANAGEMENT2 years

Filed as: MARIETTA WEALTH MANAGEMENT, LLC

Service code 27 · EIN 47-5329166

Advisory (Plan)

QUALIFIED PLANS, LLC2 years

Filed as: QUALIFIED PLANS LLC

Service code 13

Contract Administrator

QUALIFIED PLANS, LLC3+ years

Service code 13 · EIN 58-2605083

Contract Administrator

TIAA2 years

Filed as: TIAA-CREF

Service code 52 · EIN 13-4055167

Indirect Investment Fees

THE VANGUARD GROUP, INC.2 years

Filed as: VANGUARD

Service code 52 · EIN 52-0794097

Indirect Investment Fees

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