Retirement plan

PROMETHEUS LABORATORIES, INC. 401(K) PLAN

Name: PROMETHEUS LABORATORIES, INC. - PROMETHEUS LABORATORIES, INC. 401(K) PLAN (2021) Form 5500
Creator: PROMETHEUS LABORATORIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROMETHEUS LABORATORIES, INC. 401(K) PLAN, PROMETHEUS LABORATORIES, INC.

PROMETHEUS LABORATORIES, INC.EIN 33-0685754Plan #001PY 2021

9410 CARROLL PARK DRIVE - SAN DIEGO, CA 92121858-761-6786prometheuslabs.comLinkedIn51-200 employeesbiotechnology

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$6.9M

No prior year

Total participants

127

No prior year

Average account balance

$57,458

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 5,715 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,715 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.12M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

150

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.

95.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.16M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+18.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$265

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 4 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC1+ years Filed as: MMA SECURITIES, LLC Service code 27 PO BOX 9496 · NEW YORK, NY 100874496	Advisory (Plan)	$14,298
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930	Recordkeeping	$1,200
PREMIER PLAN CONSULTANTS1+ years Service code 13 6215 FERRIS SQUARE · SAN DIEGO, CA 92121	Contract Administrator	$107
ASCENSUS LLC1+ years Service code 15 · EIN 11-3665754	Recordkeeping	$1

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$15K

$136 / participant

Contract admin$15K100.0%

% of EOY assets

0.219%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JGD & ASSOCIATES LLP
Auditor EIN: 953132551
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,458

$104,479-45.0%

$159,474-64.0%

$79,391-27.6%

Participation rate

93.7%

76.6%+17.1pp

82.8%+10.9pp

70.7%+23.0pp

Annual return

0.00%

67.98%-68.0pp

263.68%-263.7pp

116.88%-116.9pp

Employer contribution / active EE

$4,006

$3,417+17.2%

$4,831-17.1%

$2,428+65.0%

Participant deferral / active EE

$8,674

$6,468+34.1%

$7,353+18.0%

$4,046+114.4%

Admin fee / account holder

$126

$711-82.3%

$10,802-98.8%

$627-79.9%

Provider

Service type

Compensation

MMA SECURITIES LLC1+ years

Filed as: MMA SECURITIES, LLC

Service code 27

PO BOX 9496 · NEW YORK, NY 100874496

Advisory (Plan)

$14,298

THE VANGUARD GROUP, INC.1+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$1,200

PREMIER PLAN CONSULTANTS1+ years

Service code 13

6215 FERRIS SQUARE · SAN DIEGO, CA 92121

Contract Administrator

$107

ASCENSUS LLC1+ years

Service code 15 · EIN 11-3665754

Recordkeeping

PROMETHEUS LABORATORIES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROMETHEUS LABORATORIES, INC. 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