Retirement plan

SIGMAPHARM LABORATORIES, LLC 401(K) PROFIT SHARING PLAN AND TRUST

Name: SIGMAPHARM LABORATORIES, LLC - SIGMAPHARM LABORATORIES, LLC 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: SIGMAPHARM LABORATORIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIGMAPHARM LABORATORIES, LLC 401(K) PROFIT SHARING PLAN AND TRUST, SIGMAPHARM LABORATORIES, LLC

SIGMAPHARM LABORATORIES, LLCEIN 20-2433641Plan #001PY 2022

3375 PROGRESS DRIVE - BENSALEM, PA 19020215-352-6655sigmapharm.comLinkedIn51-200 employeespharmaceuticals

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$8.6M

-14.8% from 2021

Total participants

176

-3.8% from 2021

Average account balance

$56,924

-10.9% from 2021

Annual return

-18.69%

-34.00 pp from 2021

Benchmarks

See 1,871 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,871 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.86M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

126

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.

78.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$943K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+19.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$386

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 2 by compensation

Provider	Service type	Compensation
RESOURCES INVESTMENT ADVISORS LLC2 years Service code 27 · EIN 43-1451524	Advisory (Plan)	$22,918
FIDELITY INVESTMENTS INSTITUTIONAL6 years Service code 37 · EIN 04-2647786	Loan Processing	$18,663

Plan features & details

Pension benefit codes2F2G2J2T2E3D

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$42K

$301 / participant

Other / not subdivided$42K100.0%

% of EOY assets

0.484%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KREISCHER MILLER
Auditor EIN: 231980475
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,924

$72,639-21.6%

$90,766-37.3%

$66,949-15.0%

Participation rate

81.9%

73.7%+8.2pp

75.7%+6.2pp

69.8%+12.1pp

Annual return

-18.69%

-12.28%-6.4pp

-12.16%-6.5pp

1.57%-20.3pp

Employer contribution / active EE

$2,261

$2,369-4.6%

$2,922-22.6%

$2,545-11.2%

Participant deferral / active EE

$6,345

$3,979+59.5%

$4,565+39.0%

$4,239+49.7%

Admin fee / account holder

$275

$708-61.1%

$8,446-96.7%

$594-53.6%

Provider

Service type

Compensation

RESOURCES INVESTMENT ADVISORS LLC2 years

Service code 27 · EIN 43-1451524

Advisory (Plan)

$22,918

FIDELITY INVESTMENTS INSTITUTIONAL6 years

Service code 37 · EIN 04-2647786

Loan Processing

$18,663

SIGMAPHARM LABORATORIES, LLC 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIGMAPHARM LABORATORIES, LLC 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