Retirement plan

OCTAPHARMA PLASMA, INC. 401 K PLAN

Name: OCTAPHARMA PLASMA, INC. - OCTAPHARMA PLASMA, INC. 401 K PLAN (2020) 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 2020

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)

$50.5M

+27.8% from 2019

Total participants

3,964

+4.2% from 2019

Average account balance

$13,224

+23.9% from 2019

Annual return

18.66%

-3.73 pp from 2019

Benchmarks

See 755 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort755 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$126.74M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

4,850

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.

94.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23.72M

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

+17.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 10 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSS MUTUAL LIFE INSURANCE CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$485,843
MARIETTA WEALTH MANAGEMENT4 years Filed as: MARIETTA WEALTH MANAGEMENT LLC Service code 27 · EIN 47-5329166	Advisory (Plan)	$82,581
QUALIFIED PLANS, LLC5+ years Filed as: QUALIFIED PLANS LLC Service code 13	Contract Administrator	$78,649
ASCENSUS LLC2 years Filed as: FUTUREPLAN CONSULTING - FORT WAYNE Service code 13 · EIN 11-3665754	Contract Administrator	$18,915
AMERICAN CENTURY2 years Service code 52	Indirect Investment Fees	$0
AMERICAN FUNDS5+ years Service code 52 · EIN 94-6050854	Indirect Investment Fees	$0
BARON1 year Service code 52 · EIN 13-6891420	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 49	Other Services	$0
QUALIFIED PLANS, LLC6+ years Service code 13 · EIN 58-2605083	Contract Administrator	$0
THE VANGUARD GROUP, INC.5+ years Filed as: VANGUARD Service code 52 · EIN 51-0106626	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2J2K2T2S3D3H2G

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$486K

$150 / participant

Investment mgmt$377K77.6%
Contract admin$108K22.3%
Other / not subdivided$3750.1%

% of EOY assets

0.962%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is 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

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,224

$127,481-89.6%

$149,696-91.2%

$90,288-85.4%

Participation rate

95.5%

78.2%+17.3pp

82.5%+13.0pp

73.4%+22.2pp

Annual return

18.66%

57.78%-39.1pp

276.60%-257.9pp

53.97%-35.3pp

Employer contribution / active EE

$1,337

$3,448-61.2%

$4,644-71.2%

$2,524-47.0%

Participant deferral / active EE

$2,132

$6,975-69.4%

$6,842-68.8%

$4,232-49.6%

Admin fee / account holder

$127

$152-16.1%

$9,309-98.6%

$114+11.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSS MUTUAL LIFE INSURANCE CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$485,843

MARIETTA WEALTH MANAGEMENT4 years

Filed as: MARIETTA WEALTH MANAGEMENT LLC

Service code 27 · EIN 47-5329166

Advisory (Plan)

$82,581

QUALIFIED PLANS, LLC5+ years

Filed as: QUALIFIED PLANS LLC

Service code 13

Contract Administrator

$78,649

ASCENSUS LLC2 years

Filed as: FUTUREPLAN CONSULTING - FORT WAYNE

Service code 13 · EIN 11-3665754

Contract Administrator

$18,915

AMERICAN CENTURY2 years

Service code 52

Indirect Investment Fees

AMERICAN FUNDS5+ years

Service code 52 · EIN 94-6050854

Indirect Investment Fees

BARON1 year

Service code 52 · EIN 13-6891420

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 49

Other Services

QUALIFIED PLANS, LLC6+ years

Service code 13 · EIN 58-2605083

Contract Administrator

THE VANGUARD GROUP, INC.5+ years

Filed as: VANGUARD

Service code 52 · EIN 51-0106626

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