Retirement plan

RIGEL PHARMACEUTICALS INC. 401K PLAN

Name: RIGEL PHARMACEUTICALS INC. - RIGEL PHARMACEUTICALS INC. 401K PLAN (2024) Form 5500
Creator: RIGEL PHARMACEUTICALS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIGEL PHARMACEUTICALS INC. 401K PLAN, RIGEL PHARMACEUTICALS INC.

RIGEL PHARMACEUTICALS INC.dba RIGEL PHARMACEUTICALS, INC.EIN 94-3248524Plan #001PY 2024

611 GATEWAY BLVD STE 900 - SOUTH SAN FRANCISCO, CA 940807029650-624-1100rigel.comLinkedIn51-200 employeesbiotechnology

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$64.3M

+18.3% from 2023

Total participants

302

+1.7% from 2023

Average account balance

$214,928

+15.6% from 2023

Annual return

22.56%

-1.99 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$64.26M

Not enough data

1 years with asset history on file

Average account balance

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

$215K

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.

299

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.90M

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

+22.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$83

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

Top 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$20,197
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTMENT INSTITUTIONAL Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2F2G2J2T3D

Plan features

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$25K

$151 / participant

Recordkeeping$20K81.4%
Investment mgmt$2K8.9%
Other / not subdivided$2K9.7%

% of EOY assets

0.039%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$214,928

$101,653+111.4%

$147,080+46.1%

$74,459+188.7%

Participation rate

98.2%

75.6%+22.6pp

82.2%+16.0pp

67.2%+30.9pp

Annual return

22.56%

8754.98%-8732.4pp

420.17%-397.6pp

1369.70%-1347.1pp

Employer contribution / active EE

$8,167

$3,813+114.2%

$4,933+65.5%

$2,626+211.0%

Participant deferral / active EE

$21,698

$7,304+197.1%

$8,066+169.0%

$4,350+398.8%

Admin fee / account holder

$83

$1,752-95.3%

$12,989-99.4%

$1,945-95.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$20,197

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTMENT INSTITUTIONAL

Service code 60

Sub-TA Fees

RIGEL PHARMACEUTICALS INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIGEL PHARMACEUTICALS 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