Retirement plan

GREENLIGHT BIOSCIENCES INC 401(K) RETIREMENT PLAN

Name: GREENLIGHT BIOSCIENCES INC - GREENLIGHT BIOSCIENCES INC 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: GREENLIGHT BIOSCIENCES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREENLIGHT BIOSCIENCES INC 401(K) RETIREMENT PLAN, GREENLIGHT BIOSCIENCES INC

GREENLIGHT BIOSCIENCES INCEIN 26-3322959Plan #001PY 2020

200 BOSTON AVE STE 3100 - MEDFORD, MA 021554259781-827-4546greenlightbiosciences.comLinkedIn51-200 employeesbiotechnology

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6M

+71.4% from 2019

Total participants

184

+39.4% from 2019

Average account balance

$48,649

+82.5% from 2019

Annual return

37.72%

-19.62 pp from 2019

Benchmarks

See 2,271 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,271 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.11M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

227

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.

77.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$300

$2 / participant

Contract admin$300100.0%

% of EOY assets

0.005%

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: GRAY GRAY AND GRAY
Auditor EIN: 042088368
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,649

$81,474-40.3%

$133,971-63.7%

$73,493-33.8%

Participation rate

63.2%

76.4%-13.2pp

79.8%-16.6pp

70.7%-7.5pp

Annual return

37.72%

19.40%+18.3pp

45.09%-7.4pp

28.51%+9.2pp

Employer contribution / active EE

$2,209-100.0%

$3,919-100.0%

$2,270-100.0%

Participant deferral / active EE

$7,675

$3,786+102.7%

$5,047+52.1%

$3,740+105.2%

Admin fee / account holder

$713-99.7%

$8,929-100.0%

$513-99.5%

GREENLIGHT BIOSCIENCES INC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREENLIGHT BIOSCIENCES INC 401(K) RETIREMENT 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