Retirement plan

CATALYST PHARMACEUTICAL PARTNERS, INC. 401K PLAN

Name: CATALYST PHARMACEUTICAL PARTNERS, I - CATALYST PHARMACEUTICAL PARTNERS, INC. 401K PLAN (2016) Form 5500
Creator: CATALYST PHARMACEUTICAL PARTNERS, I
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CATALYST PHARMACEUTICAL PARTNERS, INC. 401K PLAN, CATALYST PHARMACEUTICAL PARTNERS, I

CATALYST PHARMACEUTICAL PARTNERS, IEIN 76-0837053Plan #001PY 2016

355 ALHAMBRA CIRCLE, SUITE 1250 - CORAL GABLES, FL 33134305-420-3200catalystpharma.comLinkedIn51-200 employeespharmaceuticals

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$828K

-18.6% from 2015

Total participants

+26.7% from 2015

Average account balance

$63,725

-43.6% from 2015

Annual return

4.16%

+5.53 pp from 2015

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.34M

Not enough data

1 years with asset history on file

Average account balance

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

$93K

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.

175

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+19.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28

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

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

2 tripped

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

$473K

$29540 / participant

Other / not subdivided$473K100.0%

% of EOY assets

57.052%

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

$63,725

$135,956-53.1%

$123,894-48.6%

$273,972-76.7%

Participation rate

62.5%

84.1%-21.6pp

81.4%-18.9pp

83.0%-20.5pp

Annual return

4.16%

56.63%-52.5pp

47.52%-43.4pp

41.46%-37.3pp

Employer contribution / active EE

$4,273

$5,170-17.4%

$4,617-7.5%

$4,869-12.2%

Participant deferral / active EE

$10,373

$6,343+63.5%

$5,984+73.3%

$5,287+96.2%

Admin fee / account holder

$36,357

$9,817+270.3%

$8,357+335.0%

$10,133+258.8%

CATALYST PHARMACEUTICAL PARTNERS, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CATALYST PHARMACEUTICAL PARTNERS, INC. 401K 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