Retirement plan

TRIS PHARMA 401(K) PLAN

Name: TRIS PHARMA, INC. - TRIS PHARMA 401(K) PLAN (2018) Form 5500
Creator: TRIS PHARMA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRIS PHARMA 401(K) PLAN, TRIS PHARMA, INC.

TRIS PHARMA, INC.EIN 22-3747409Plan #001PY 2018

2033 US HIGHWAY 130 - MONMOUTH JUNCTION, NJ 08852732-940-2800trispharma.comLinkedIn501-1000 employeespharmaceuticals

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$12M

+25.6% from 2017

Total participants

633

+3.4% from 2017

Average account balance

$20,645

+18.5% from 2017

Annual return

-3.43%

-33.10 pp from 2017

Benchmarks

See 1,154 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,154 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$49.72M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

889

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.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.22M

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

+16.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$81

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 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS4+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$11,055
AMERIPRISE FINANCIAL SERVICES INC4+ years Filed as: AMERIPRISE FINANCIAL SERVICES, INC. Service code 22	Insurance Broker	$6,385
RED BANK PENSION SERVICES, INC.4+ years Service code 15 · EIN 22-2755116	Recordkeeping	$4,700
MESIROW FINANCIAL INVESTMENT MANAGE4+ years Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194849	Advisory (Plan)	$2,181
AMERIPRISE FINANCIAL SERVICES INC1 year Filed as: AMERIPRISE FINANCIAL SERVICES, INC Service code 22 · EIN 41-0973005	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$18K

$41 / participant

Contract admin$18K100.0%

% of EOY assets

0.150%

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: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,645

$65,223-68.3%

$80,022-74.2%

$55,725-63.0%

Participation rate

88.1%

80.6%+7.6pp

75.8%+12.3pp

70.9%+17.3pp

Annual return

-3.43%

7.59%-11.0pp

11.22%-14.7pp

244.93%-248.4pp

Employer contribution / active EE

$1,836

$2,544-27.8%

$2,468-25.6%

$2,078-11.7%

Participant deferral / active EE

$6,285

$3,881+62.0%

$3,686+70.5%

$3,356+87.3%

Admin fee / account holder

$31

$114-73.0%

$6,521-99.5%

$115-73.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$11,055

AMERIPRISE FINANCIAL SERVICES INC4+ years

Filed as: AMERIPRISE FINANCIAL SERVICES, INC.

Service code 22

Insurance Broker

$6,385

RED BANK PENSION SERVICES, INC.4+ years

Service code 15 · EIN 22-2755116

Recordkeeping

$4,700

MESIROW FINANCIAL INVESTMENT MANAGE4+ years

Filed as: MESIROW FINANCIAL, INC.

Service code 27 · EIN 36-3194849

Advisory (Plan)

$2,181

AMERIPRISE FINANCIAL SERVICES INC1 year

Filed as: AMERIPRISE FINANCIAL SERVICES, INC

Service code 22 · EIN 41-0973005

Insurance Broker

TRIS PHARMA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRIS PHARMA 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