Retirement plan

XYBION CORPORATION PROFIT SHARING AND SALARY REDUCTION PLAN AND TRUST

Name: XYBION CORPORATION - XYBION CORPORATION PROFIT SHARING AND SALARY REDUCTION PLAN AND TRUST (2020) Form 5500
Creator: XYBION CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, XYBION CORPORATION PROFIT SHARING AND SALARY REDUCTION PLAN AND TRUST, XYBION CORPORATION

XYBION CORPORATIONEIN 22-2066459Plan #001PY 2020

105 COLLEGE ROAD EAST - PRINCETON, NJ 08540609-512-5790

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$12.1M

+14.0% from 2019

Total participants

-1.2% from 2019

Average account balance

$191,417

+19.4% from 2019

Annual return

13.46%

-7.50 pp from 2019

Benchmarks

See 3,013 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,013 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.64M

Not enough data

1 years with asset history on file

Average account balance

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

$204K

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.

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.

181.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$483K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+14.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2695

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D3F

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$407K

$8486 / participant

Other / not subdivided$407K100.0%

% of EOY assets

3.378%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$191,417

$70,486+171.6%

$100,528+90.4%

$79,852+139.7%

Participation rate

64.6%

73.6%-9.1pp

79.4%-14.8pp

69.6%-5.1pp

Annual return

13.46%

21.90%-8.4pp

30.90%-17.4pp

31.72%-18.3pp

Employer contribution / active EE

$2,165-100.0%

$3,419-100.0%

$2,471-100.0%

Participant deferral / active EE

$9,198

$5,182+77.5%

$6,271+46.7%

$3,740+145.9%

Admin fee / account holder

$6,466

$4,480+44.3%

$8,084-20.0%

$5,306+21.9%

XYBION CORPORATION PROFIT SHARING AND SALARY REDUCTION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

XYBION CORPORATION PROFIT SHARING AND SALARY REDUCTION 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