Retirement plan

CUSTOM MEDICINE PHARMACY 401(K) PENSION PLAN

Name: CUSTOM MEDICINE PHARMACY, INC. - CUSTOM MEDICINE PHARMACY 401(K) PENSION PLAN (2018) Form 5500
Creator: CUSTOM MEDICINE PHARMACY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CUSTOM MEDICINE PHARMACY 401(K) PENSION PLAN, CUSTOM MEDICINE PHARMACY, INC.

CUSTOM MEDICINE PHARMACY, INC.EIN 35-2200804Plan #001PY 2018

25 CABOT ST. - BEVERLY, MA 01915978-524-4800custommedicine.comLinkedIn11-50 employeespharmaceuticals

Other plans on this EIN

1 filing

#002Retirement-$326K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$247K

+15.8% from 2017

Total participants

+71.4% from 2017

Average account balance

$20,575

-3.5% from 2017

Annual return

-6.49%

-25.59 pp from 2017

Benchmarks

See 18,623 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,623 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.00M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73K

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

+10.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$634

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$34K

$4250 / participant

Other / not subdivided$34K100.0%

% of EOY assets

13.771%

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

$20,575

$95,979-78.6%

$74,551-72.4%

$135,380-84.8%

Participation rate

100.0%

75.7%+24.3pp

69.1%+30.9pp

82.6%+17.4pp

Annual return

-6.49%

56.97%-63.5pp

32.53%-39.0pp

519.81%-526.3pp

Employer contribution / active EE

$4,928

$2,716+81.4%

$1,961+151.3%

$4,779+3.1%

Participant deferral / active EE

$5,228

$3,844+36.0%

$3,108+68.2%

$5,609-6.8%

Admin fee / account holder

$2,833

$6,522-56.6%

$5,059-44.0%

$10,828-73.8%

CUSTOM MEDICINE PHARMACY 401(K) PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CUSTOM MEDICINE PHARMACY 401(K) PENSION 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