Retirement plan

PURETECH MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: PURETECH MANAGEMENT, INC. - PURETECH MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: PURETECH MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PURETECH MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST, PURETECH MANAGEMENT, INC.

PURETECH MANAGEMENT, INC.EIN 20-0580225Plan #001PY 2019

501 BOYLSTON ST., SUITE 6102 - BOSTON, MA 02116617-482-2333

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.8M

+51.6% from 2018

Total participants

153

-13.6% from 2018

Average account balance

$61,062

+23.0% from 2018

Annual return

28.90%

+72.31 pp from 2018

Benchmarks

See 5,552 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,552 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.04M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

166

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+16.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22

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 1 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP3 years Service code 12 · EIN 93-1253576	Recordkeeping and information managem...	$36,567

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$2K

$14 / participant

Contract admin$2K100.0%

% of EOY assets

0.020%

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: MFA COMPANIES
Auditor EIN: 043077056
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,062

$89,652-31.9%

$141,197-56.8%

$65,186-6.3%

Participation rate

76.8%

74.7%+2.1pp

82.5%-5.7pp

70.2%+6.6pp

Annual return

28.90%

32.79%-3.9pp

71.41%-42.5pp

29.39%-0.5pp

Employer contribution / active EE

$3,575

$3,065+16.6%

$4,736-24.5%

$2,177+64.2%

Participant deferral / active EE

$10,068

$5,691+76.9%

$6,710+50.0%

$3,514+186.5%

Admin fee / account holder

$12

$569-97.8%

$10,265-99.9%

$847-98.5%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP3 years

Service code 12 · EIN 93-1253576

Recordkeeping and information managem...

$36,567

PURETECH MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PURETECH MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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