Retirement plan

CALMOSEPTINE, INC. PROFIT SHARING PLAN

Name: CALMOSEPTINE, INC. - CALMOSEPTINE, INC. PROFIT SHARING PLAN (2024) Form 5500
Creator: CALMOSEPTINE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALMOSEPTINE, INC. PROFIT SHARING PLAN, CALMOSEPTINE, INC.

CALMOSEPTINE, INC.EIN 33-0301675Plan #001PY 2024

16602 BURKE LANE - HUNTINGTON BEACH, CA 926474536714-840-3405calmoseptineointment.comLinkedIn11-50 employeespharmaceuticals

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.3M

+14.0% from 2023

Total participants

+5.6% from 2023

Average account balance

$86,170

+8.0% from 2023

Annual return

4.48%

-0.21 pp from 2023

Benchmarks

See 5,401 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,401 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.27M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

118.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$326K

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

+4.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1381

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 codes2D2E2F2G2H3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$52K

$1639 / participant

Other / not subdivided$52K100.0%

% of EOY assets

1.602%

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

$86,170

$87,060-1.0%

$105,591-18.4%

$80,911+6.5%

Participation rate

100.0%

70.4%+29.6pp

75.3%+24.7pp

67.6%+32.4pp

Annual return

4.48%

17.05%-12.6pp

116.43%-111.9pp

35.63%-31.1pp

Employer contribution / active EE

$10,201

$2,396+325.7%

$3,166+222.2%

$2,756+270.2%

Participant deferral / active EE

$3,986-100.0%

$5,008-100.0%

$4,297-100.0%

Admin fee / account holder

$1,381

$8,442-83.6%

$11,024-87.5%

$6,935-80.1%

CALMOSEPTINE, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALMOSEPTINE, INC. 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