Retirement plan

BIOCARE MEDICAL 401(K) PLAN AND TRUST

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

BIOCARE MEDICAL, INC.EIN 94-3275870Plan #001PY 2017

60 BERRY DR. - PACHECO, CA 94553925-603-8002biocare.netLinkedIn51-200 employeesbiotechnology

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.9M

+24.5% from 2016

Total participants

167

0.0% from 2016

Average account balance

$70,802

+27.5% from 2016

Annual return

20.03%

+10.85 pp from 2016

Benchmarks

See 5,167 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,167 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.30M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

249

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.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$20,386
HUNNEX AND SHOEMAKER, INC.3+ years Service code 13 · EIN 91-1072394 701 5TH AVENUE SUITE 6710 · SEATTLE, WA 98104	Contract Administrator	$4,778
PLAMMEMBER SECURITIES CORP.1 year Service code 22 6187 CARPINTERIA AVE · CARPINTERIA, CA 93013	Insurance Broker	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

$171 / participant

Contract admin$25K100.0%

% of EOY assets

0.284%

all-in expense ratio

Categories reported

1 / 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: BPM LLP
Auditor EIN: 814234542
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,802

$55,453+27.7%

$170,439-58.5%

$62,293+13.7%

Participation rate

71.4%

66.4%+5.1pp

83.6%-12.2pp

69.5%+1.9pp

Annual return

20.03%

21.38%-1.4pp

205.94%-185.9pp

28.90%-8.9pp

Employer contribution / active EE

$835

$2,164-61.4%

$5,433-84.6%

$2,042-59.1%

Participant deferral / active EE

$8,352

$2,303+262.7%

$4,939+69.1%

$3,169+163.5%

Admin fee / account holder

$201

$455-55.8%

$13,881-98.5%

$479-58.0%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 15 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$20,386

HUNNEX AND SHOEMAKER, INC.3+ years

Service code 13 · EIN 91-1072394

701 5TH AVENUE SUITE 6710 · SEATTLE, WA 98104

Contract Administrator

$4,778

PLAMMEMBER SECURITIES CORP.1 year

Service code 22

6187 CARPINTERIA AVE · CARPINTERIA, CA 93013

Insurance Broker

BIOCARE MEDICAL 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BIOCARE MEDICAL 401(K) PLAN AND TRUST

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