Retirement plan

CONAGEN, INC. 401K PLAN

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

CONAGEN, INC.EIN 80-0578241Plan #001PY 2016

15 DEANGELO DR. - BEDFORD, MA 01730314-587-1441conagen.comLinkedIn51-200 employeesbiotechnology

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$510K

+75.4% from 2015

Total participants

+192.9% from 2015

Average account balance

$22,178

-8.5% from 2015

Annual return

11.74%

+17.39 pp from 2015

Benchmarks

See 24,582 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,582 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.55M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

190.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$320K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+17.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6869

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

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

$22,178

$76,550-71.0%

$123,894-82.1%

$62,881-64.7%

Participation rate

51.4%

73.0%-21.6pp

81.4%-30.1pp

69.3%-18.0pp

Annual return

11.74%

18.67%-6.9pp

47.52%-35.8pp

20.14%-8.4pp

Employer contribution / active EE

$1,057

$2,882-63.3%

$4,617-77.1%

$2,281-53.7%

Participant deferral / active EE

$3,947

$4,840-18.5%

$5,984-34.0%

$3,203+23.2%

Admin fee / account holder

$4,826-100.0%

$8,357-100.0%

$4,296-100.0%

CONAGEN, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CONAGEN, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion