Retirement plan

VIVEX BIOLOGICS, INC. 401(K) PROFIT SHARING PLAN

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

VIVEX BIOLOGICS, INC.EIN 46-1175674Plan #001PY 2020

3200 WINDY HILL ROAD SE, SUITE 1650-WEST TOWER - ATLANTA, GA 30339678-483-6597vivex.comLinkedIn201-500 employeesbiotechnology

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$4.7M

+42.3% from 2019

Total participants

268

+27.0% from 2019

Average account balance

$28,912

+8.0% from 2019

Annual return

18.62%

-5.15 pp from 2019

Benchmarks

See 4,082 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,082 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.97M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

496

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.

93.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+26.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$134

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 5 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.5 years Filed as: THE VANGUARD GROUP Service code 64 · EIN 23-1945930	Recordkeeping Fees	$11,670
LPL FINANCIAL5 years Service code 27 · EIN 95-2834236	Advisory (Plan)	$9,743
ASCENSUS LLC1 year Filed as: FUTUREPLAN BY ASCENSUS Service code 15 · EIN 82-3719843	Recordkeeping	$5,675
RETIREMENT STRATEGIES, INC.4 years Service code 15 · EIN 58-2380163	Recordkeeping	$725
ASCENSUS LLC1 year Service code 64 · EIN 11-3665754	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2J2K2F2G2T3D

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$25K

$110 / participant

Other / not subdivided$25K100.0%

% of EOY assets

0.526%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CARR, RIGGS & INGRAM, LLC
Auditor EIN: 751396621
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,912

$73,638-60.7%

$95,960-69.9%

$73,493-60.7%

Participation rate

52.5%

76.2%-23.7pp

77.1%-24.6pp

70.7%-18.2pp

Annual return

18.62%

16.78%+1.8pp

91.63%-73.0pp

28.51%-9.9pp

Employer contribution / active EE

$1,976

$1,863+6.1%

$2,541-22.2%

$2,270-12.9%

Participant deferral / active EE

$3,453

$3,617-4.5%

$4,167-17.1%

$3,740-7.7%

Admin fee / account holder

$152

$482-68.5%

$6,797-97.8%

$513-70.4%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.5 years

Filed as: THE VANGUARD GROUP

Service code 64 · EIN 23-1945930

Recordkeeping Fees

$11,670

LPL FINANCIAL5 years

Service code 27 · EIN 95-2834236

Advisory (Plan)

$9,743

ASCENSUS LLC1 year

Filed as: FUTUREPLAN BY ASCENSUS

Service code 15 · EIN 82-3719843

Recordkeeping

$5,675

RETIREMENT STRATEGIES, INC.4 years

Service code 15 · EIN 58-2380163

Recordkeeping

$725

ASCENSUS LLC1 year

Service code 64 · EIN 11-3665754

Recordkeeping Fees

VIVEX BIOLOGICS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VIVEX BIOLOGICS, 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