Retirement plan

BENCHMARK SCIENTIFIC EMPLOYEE 401(K) PLAN

Name: BENCHMARK SCIENTIFIC INC. - BENCHMARK SCIENTIFIC EMPLOYEE 401(K) PLAN (2017) Form 5500
Creator: BENCHMARK SCIENTIFIC INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BENCHMARK SCIENTIFIC EMPLOYEE 401(K) PLAN, BENCHMARK SCIENTIFIC INC.

BENCHMARK SCIENTIFIC INC.EIN 56-2446343Plan #001PY 2017

2600A MAIN STREET EXTENSION - SAYREVILLE, NJ 088721462908-769-5555LinkedIn11-50 employeesbiotechnology

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$563K

+54.0% from 2016

Total participants

+31.6% from 2016

Average account balance

$33,102

+8.7% from 2016

Annual return

20.14%

-31.44 pp from 2016

Benchmarks

See 25,068 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,068 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.78M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$187K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4544

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 codes2E2F2G2J2T3D

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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$4K

$154 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.684%

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

$33,102

$85,766-61.4%

$136,297-75.7%

$70,124-52.8%

Participation rate

68.0%

74.2%-6.2pp

81.9%-13.9pp

69.5%-1.5pp

Annual return

20.14%

31.45%-11.3pp

5156.19%-5136.1pp

73.14%-53.0pp

Employer contribution / active EE

$1,685

$2,966-43.2%

$4,696-64.1%

$2,342-28.0%

Participant deferral / active EE

$3,262

$5,051-35.4%

$6,247-47.8%

$3,332-2.1%

Admin fee / account holder

$227

$5,420-95.8%

$9,244-97.5%

$4,645-95.1%

BENCHMARK SCIENTIFIC EMPLOYEE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BENCHMARK SCIENTIFIC EMPLOYEE 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