Retirement plan

PUMA BIOTECHNOLOGY, INC. 401(K) PLAN

Name: PUMA BIOTECHNOLOGY, INC. - PUMA BIOTECHNOLOGY, INC. 401(K) PLAN (2019) Form 5500
Creator: PUMA BIOTECHNOLOGY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PUMA BIOTECHNOLOGY, INC. 401(K) PLAN, PUMA BIOTECHNOLOGY, INC.

PUMA BIOTECHNOLOGY, INC.EIN 77-0683487Plan #001PY 2019

10880 WILSHIRE BOULEVARD, SUITE 2150 - LOS ANGELES, CA 90024424-248-6500pumabiotechnology.comLinkedIn201-500 employeesbiotechnology

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$23.2M

+31.7% from 2018

Total participants

343

-7.3% from 2018

Average account balance

$78,165

+42.3% from 2018

Annual return

29.07%

+34.17 pp from 2018

Benchmarks

See 2,853 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,853 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$41.32M

Not enough data

1 years with asset history on file

Average account balance

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

$160K

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.

258

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.

91.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+15.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$410

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

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Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
BURNHAM GIBSON WEALTH ADVISORS, INC1 year Filed as: BURNHAM GIBSON WEALTH ADVISORS Service code 27 2050 MAIN STREET · IRVINE, CA 92614	Advisory (Plan)	$70,046
NEWPORT GROUP, INC.1 year Service code 13 · EIN 27-2037969	Contract Administrator	$32,683
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$8,175

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3D3F

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

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

$111K

$440 / participant

Investment mgmt$70K63.2%
Contract admin$33K29.5%
Other / not subdivided$8K7.4%

% of EOY assets

0.478%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PKF LLP
Auditor EIN: 813391684
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,165

$88,122-11.3%

$141,162-44.6%

$67,579+15.7%

Participation rate

81.7%

76.5%+5.3pp

82.5%-0.7pp

71.3%+10.5pp

Annual return

29.07%

75.40%-46.3pp

71.39%-42.3pp

378.56%-349.5pp

Employer contribution / active EE

$5,982

$3,224+85.5%

$4,735+26.3%

$2,148+178.5%

Participant deferral / active EE

$15,161

$5,958+154.5%

$6,709+126.0%

$3,539+328.3%

Admin fee / account holder

$373

$131+185.3%

$10,261-96.4%

$142+162.4%

Provider

Service type

Compensation

BURNHAM GIBSON WEALTH ADVISORS, INC1 year

Filed as: BURNHAM GIBSON WEALTH ADVISORS

Service code 27

2050 MAIN STREET · IRVINE, CA 92614

Advisory (Plan)

$70,046

NEWPORT GROUP, INC.1 year

Service code 13 · EIN 27-2037969

Contract Administrator

$32,683

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$8,175

PUMA BIOTECHNOLOGY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PUMA BIOTECHNOLOGY, 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