Retirement plan

ANASPEC, INC. 401(K) PLAN

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

ANASPEC, INC.EIN 77-0328334Plan #003PY 2017

34801 CAMPUS DRIVE - FREMONT, CA 94555510-791-9560anaspec.comLinkedIn51-200 employeesbiotechnology

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$5.4M

+5.0% from 2016

Total participants

108

-1.8% from 2016

Average account balance

$55,356

+6.1% from 2016

Annual return

11.12%

+14.75 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.17M

Not enough data

1 years with asset history on file

Average account balance

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

$127K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$433K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+4.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4297

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

Top 2 by compensation

Provider	Service type	Compensation
MICHAEL A. TUFT2+ years Service code 15 · EIN 55-9154114	Recordkeeping	$12,576
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984	Other Services	$0

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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$13K

$209 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.250%

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: RAIMONDO PETTIT GROUP
Auditor EIN: 330532641
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,356

$85,766-35.5%

$136,298-59.4%

$70,126-21.1%

Participation rate

82.8%

74.2%+8.7pp

81.9%+0.9pp

69.5%+13.3pp

Annual return

11.12%

31.46%-20.3pp

5156.27%-5145.2pp

73.15%-62.0pp

Employer contribution / active EE

$727

$2,966-75.5%

$4,696-84.5%

$2,343-69.0%

Participant deferral / active EE

$5,007

$5,051-0.9%

$6,247-19.8%

$3,332+50.3%

Admin fee / account holder

$138

$5,421-97.5%

$9,244-98.5%

$4,645-97.0%

Provider

Service type

Compensation

MICHAEL A. TUFT2+ years

Service code 15 · EIN 55-9154114

Recordkeeping

$12,576

ADP BROKER-DEALER2+ years

Service code 49 · EIN 22-3319984

Other Services

ANASPEC, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANASPEC, 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