Retirement plan

ALCALA PHARMACEUTICALS, INC. 401(K) PROFIT SHARING PLAN

Name: ALCALA PHARMACEUTICALS, INC. - ALCALA PHARMACEUTICALS, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: ALCALA PHARMACEUTICALS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALCALA PHARMACEUTICALS, INC. 401(K) PROFIT SHARING PLAN, ALCALA PHARMACEUTICALS, INC.

ALCALA PHARMACEUTICALS, INC.EIN 27-2099292Plan #001PY 2020

3703 CAMINO DEL RIO SOUTH, SUITE 100A - SAN DIEGO, CA 92108619-450-5870alcalalabs.comLinkedIn11-50 employeeshealth, wellness and fitness

Other plans on this EIN

1 filing

#002Retirement-$497K assets

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$627K

+18.2% from 2019

Total participants

+4.5% from 2019

Average account balance

$28,493

+18.2% from 2019

Annual return

24.29%

-0.60 pp from 2019

Benchmarks

See 102,105 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,105 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.20%

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

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$95K

$6303 / participant

Other / not subdivided$95K100.0%

% of EOY assets

15.081%

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

$28,493

$209,428-86.4%

$178,498-84.0%

$158,950-82.1%

Participation rate

93.3%

86.4%+7.0pp

81.9%+11.4pp

82.0%+11.4pp

Annual return

24.29%

188.78%-164.5pp

151.09%-126.8pp

302.91%-278.6pp

Employer contribution / active EE

$1,356

$5,707-76.2%

$5,011-72.9%

$4,762-71.5%

Participant deferral / active EE

$2,751

$5,955-53.8%

$5,202-47.1%

$5,983-54.0%

Admin fee / account holder

$4,297

$17,077-74.8%

$13,985-69.3%

$11,248-61.8%

ALCALA PHARMACEUTICALS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALCALA PHARMACEUTICALS, INC. 401(K) PROFIT SHARING 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