Retirement plan

GENLABS 401(K) PROFIT SHARING PLAN & TRUST

Name: GENLABS - GENLABS 401(K) PROFIT SHARING PLAN & TRUST (2018) Form 5500
Creator: GENLABS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GENLABS 401(K) PROFIT SHARING PLAN & TRUST, GENLABS

GENLABSEIN 95-2837441Plan #001PY 2018

5568 SCHAEFER AVENUE - CHINO, CA 91710909-591-8451genlabscorp.comLinkedIn51-200 employeeschemicals

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$6.3M

-3.1% from 2017

Total participants

125

+4.2% from 2017

Average account balance

$53,841

-2.3% from 2017

Annual return

-4.50%

-19.05 pp from 2017

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.65M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$182K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6456

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
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA INVESTMENT SERVICES Service code 15 120 VANTIS #400 · ALISA VIEJO, CA 92656	Recordkeeping	$15,857
PAYCHEX, INC.1 year Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625	Recordkeeping	$11,552

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$28K

$272 / participant

Investment mgmt$16K56.5%
Contract admin$12K43.0%
Other / not subdivided$1290.5%

% of EOY assets

0.445%

all-in expense ratio

Categories reported

2 / 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: WERTZ AND COMPANY, LLP
Auditor EIN: 020639624
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,841

$58,093-7.3%

$80,022-32.7%

$56,289-4.3%

Participation rate

92.2%

73.6%+18.6pp

75.8%+16.4pp

69.9%+22.4pp

Annual return

-4.50%

34.63%-39.1pp

11.22%-15.7pp

-9.96%+5.5pp

Employer contribution / active EE

$1,933-100.0%

$2,468-100.0%

$2,111-100.0%

Participant deferral / active EE

$1,964

$3,136-37.4%

$3,686-46.7%

$3,350-41.4%

Admin fee / account holder

$240

$623-61.5%

$6,521-96.3%

$521-54.0%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA INVESTMENT SERVICES

Service code 15

120 VANTIS #400 · ALISA VIEJO, CA 92656

Recordkeeping

$15,857

PAYCHEX, INC.1 year

Service code 15 · EIN 16-1124166

911 PANORAMA TRAIL S · ROCHESTER, NY 14625

Recordkeeping

$11,552

GENLABS 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GENLABS 401(K) PROFIT SHARING PLAN & 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