Retirement plan

BOIRON, INC. PROFIT SHARING & 401(K) PLAN

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

BOIRON, INC.EIN 23-2063718Plan #001PY 2019

4 CAMPUS BOULEVARD - NEWTOWN SQUARE, PA 19073610-325-8395boironusa.comLinkedIn51-200 employeespharmaceuticals

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.6M

+23.0% from 2018

Total participants

159

+14.4% from 2018

Average account balance

$105,940

+7.9% from 2018

Annual return

20.82%

+27.39 pp from 2018

Benchmarks

See 1,981 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,981 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.03M

Not enough data

1 years with asset history on file

Average account balance

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

$192K

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.

162

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$571

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
WELLS FARGO BANK, N.A.5+ years Filed as: WELLS FARGO ADVISORS Service code 27 2240 BUTLER PIKE · PLYMOUTH MEETING, PA 19462	Advisory (Plan)	$36,359

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F

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

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$39K

$295 / participant

Investment mgmt$36K92.7%
Contract admin$3K7.3%

% of EOY assets

0.252%

all-in expense ratio

Categories reported

2 / 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: ST. CLAIR CPAS, P.C.
Auditor EIN: 232653765
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$105,940

$66,319+59.7%

$93,614+13.2%

$65,185+62.5%

Participation rate

91.0%

74.0%+17.0pp

75.8%+15.1pp

70.2%+20.8pp

Annual return

20.82%

42.59%-21.8pp

32.76%-11.9pp

29.38%-8.6pp

Employer contribution / active EE

$4,387

$2,013+118.0%

$2,718+61.4%

$2,177+101.6%

Participant deferral / active EE

$7,000

$3,343+109.4%

$4,069+72.0%

$3,514+99.2%

Admin fee / account holder

$267

$6,900-96.1%

$7,889-96.6%

$847-68.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.5+ years

Filed as: WELLS FARGO ADVISORS

Service code 27

2240 BUTLER PIKE · PLYMOUTH MEETING, PA 19462

Advisory (Plan)

$36,359

BOIRON, INC. PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOIRON, INC. PROFIT SHARING & 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