Retirement plan

LEIDOS BIOMEDICAL RESEARCH, INC. EMPLOYEE SAVINGS PLAN

Name: LEIDOS BIOMEDICAL RESEARCH, INC. - LEIDOS BIOMEDICAL RESEARCH, INC. EMPLOYEE SAVINGS PLAN (2020) Form 5500
Creator: LEIDOS BIOMEDICAL RESEARCH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEIDOS BIOMEDICAL RESEARCH, INC. EMPLOYEE SAVINGS PLAN, LEIDOS BIOMEDICAL RESEARCH, INC.

LEIDOS BIOMEDICAL RESEARCH, INC.EIN 33-0653185Plan #002PY 2020

FREDERICK CANCER RESEARCH AND DEV., P.O. BOX B, WARE DRIVE, BLDG. 371 - FREDERICK, MD 217021201301-846-1146LinkedIn1001-5000 employeesresearch

Other plans on this EIN

2 filings

#001Retirement-$291.1M assets #003Retirement-$212.2M assets

Prospect flagsHigh assets / participantWind-down / frozen

How to read this page

Total assets (EOY)

$247.8M

-1.6% from 2016

Total participants

923

+6.3% from 2016

Average account balance

$270,250

-7.4% from 2016

Annual return

16.05%

-6.92 pp from 2016

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$246.35M

Not enough data

1 years with asset history on file

Average account balance

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

$317K

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.

777

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.

98.1%

Not enough data

1 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

+13.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$78

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 3 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.6+ years Service code 15 · EIN 23-1945930	Recordkeeping	$47,697
ARONSON LLC2 years Service code 10 · EIN 37-1611326	Accounting	$17,000
BALDWIN LAW GROUP1 year Service code 29 · EIN 51-0568066	Legal	$2,663

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$67K

$120 / participant

Other / not subdivided$67K100.0%

% of EOY assets

0.027%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ARONSON LLC
Auditor EIN: 371611326
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$270,250

$100,801+168.1%

$149,751+80.5%

$73,415+268.1%

Participation rate

98.9%

77.7%+21.2pp

82.5%+16.4pp

72.2%+26.8pp

Annual return

16.05%

265.34%-249.3pp

276.71%-260.7pp

59.30%-43.2pp

Employer contribution / active EE

$3,312-100.0%

$4,646-100.0%

$2,234-100.0%

Participant deferral / active EE

$6,404-100.0%

$6,843-100.0%

$3,806-100.0%

Admin fee / account holder

$73

$181-59.5%

$9,312-99.2%

$158-53.6%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$47,697

ARONSON LLC2 years

Service code 10 · EIN 37-1611326

Accounting

$17,000

BALDWIN LAW GROUP1 year

Service code 29 · EIN 51-0568066

Legal

$2,663

LEIDOS BIOMEDICAL RESEARCH, INC. EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEIDOS BIOMEDICAL RESEARCH, INC. EMPLOYEE SAVINGS 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