Back to top
FORM 5500 DATA

A & Z Pharmecutical, Inc. 401k Plan

Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan03/01/2005
  • Net Assets as of 12/31/2017 $1,513,034
  • Plan Number2
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2017

  • Active (Eligible) Participants112
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits57
  • Subtotal169
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total169
  • Total number of participants as of 01/01/2017155
  • Number of participants with account balances140
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested12

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address350 Wireless Boulevard
  • CityHauppauge
  • StateNY
  • Zip11788
  • Telephone(631) 952-3800
  • EIN11-3262018
  • Industry Code325410
  • Named AdministratorAnn Day
  • Named Plan SponsorAnn Day

Audit Information

  • Audit StatusAudited
  • AuditorFarber,Blicht,Eyerman& Herzog, LLP
  • Auditor EIN11-2424454
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
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.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all 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 A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $350,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $594,504
Contributions $454,358
Cash Contributions $454,358
Cash from Employers $140,338
Cash from Participants $221,249
Others (including rollovers) $92,771
Noncash Contributions $0
Total Earnings on Investments $140,146
Total Interest $50
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $50
Interest from Other Investments $0
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $140,096
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $151,487
Total Benefit Payments $118,396
Directly to participants or beneficiaries, including direct rollovers $118,396
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $16,340
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $16,751
Professional Fees $0
Contract Administrator Fees $16,751
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $443,017
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2017 12/31/2016 Change YOY
Total Assets $1,529,374 $1,089,498 40.37%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $140,343 $124,560 12.67%
Employer Contributions $140,338 $123,041 14.06%
Participant Contributions $5 $1,519 -99.67%
Other Contributions $0 $0 0.0%
General Investments $9,025 $650 1288.46%
Interest-bearing cash $9,025 $650 1288.46%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $6,795 $2,323 192.51%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $1,373,211 $961,965 42.75%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $0 $0 0.0%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $16,340 $19,481 -16.12%
Benefit Claims Payable (1) $16,340 $19,481 -16.12%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $1,513,034 $1,070,017 41.40%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
John Hancock New York Recordkeeping and information management (computing, tabulating, data processing, etc.) $12 $0 $12
Total $12 $0 $12

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
John Hancock Stable Val John Hancock New York DFE: Pooled Separate Account $332,088
Jh Multimanager Growth Ls John Hancock New York DFE: Pooled Separate Account $139,457
Jh Multimanager Balanced Ls John Hancock New York DFE: Pooled Separate Account $116,071
Jh Multimanager Conserv Ls John Hancock New York DFE: Pooled Separate Account $108,584
Jh Multimanager Moderate Ls John Hancock New York DFE: Pooled Separate Account $100,754
T. Rowe Price Health Sci John Hancock New York DFE: Pooled Separate Account $73,116
Science & Technology Fund John Hancock New York DFE: Pooled Separate Account $56,378
Fidelity Contrafund John Hancock New York DFE: Pooled Separate Account $46,215
Blue Chip Growth Fund John Hancock New York DFE: Pooled Separate Account $45,810
T. Rowe Price Sci & Tech John Hancock New York DFE: Pooled Separate Account $42,620
Jh Multimanager Aggressive Ls John Hancock New York DFE: Pooled Separate Account $40,954
The Growth Fund of America John Hancock New York DFE: Pooled Separate Account $28,634
American Balanced Fund John Hancock New York DFE: Pooled Separate Account $26,120
Jh Multimanager 2045 Lifetime John Hancock New York DFE: Pooled Separate Account $22,157
Royce Opportunity John Hancock New York DFE: Pooled Separate Account $19,936
Jh Multimanager 2035 Lifetime John Hancock New York DFE: Pooled Separate Account $12,845
T. Rowe Price Spectrum Inc John Hancock New York DFE: Pooled Separate Account $11,884
John Hancock Disciplined Value John Hancock New York DFE: Pooled Separate Account $11,228
Jpmorgan U.S. Equity Fund John Hancock New York DFE: Pooled Separate Account $10,734
Tocqueville Gold Fund John Hancock New York DFE: Pooled Separate Account $9,658
Real Est. Securities Fund John Hancock New York DFE: Pooled Separate Account $9,495
500 Index Fund John Hancock New York DFE: Pooled Separate Account $7,975
Invesco International Growth John Hancock New York DFE: Pooled Separate Account $7,286
Mid Cap Index Fund John Hancock New York DFE: Pooled Separate Account $6,381
Jh Multimanager 2055 Lifetime John Hancock New York DFE: Pooled Separate Account $6,268
Europacific Growth Fund John Hancock New York DFE: Pooled Separate Account $6,246
Financial Industries Fund John Hancock New York DFE: Pooled Separate Account $5,448
American Century Heritage John Hancock New York DFE: Pooled Separate Account $5,366
U.S. High Yield Bond Fund John Hancock New York DFE: Pooled Separate Account $4,840
Strategic Income Opp Fund John Hancock New York DFE: Pooled Separate Account $4,715
Intl Small Cap Fund John Hancock New York DFE: Pooled Separate Account $4,623
Natural Resources Fund John Hancock New York DFE: Pooled Separate Account $4,568
Intl Equity Index Fund John Hancock New York DFE: Pooled Separate Account $4,388
Global Bond Fund John Hancock New York DFE: Pooled Separate Account $4,251
T. Rowe Price Equity Inc John Hancock New York DFE: Pooled Separate Account $3,581
Mid Cap Stock Fund John Hancock New York DFE: Pooled Separate Account $3,228
Clearbridge Aggressive Growth John Hancock New York DFE: Pooled Separate Account $2,877
Fundamental Large Cap Value John Hancock New York DFE: Pooled Separate Account $2,671
U.S. Growth Fund John Hancock New York DFE: Pooled Separate Account $2,371
Domini Impact Equity Fund John Hancock New York DFE: Pooled Separate Account $2,214
Jh Multimanager 2030 Lifetime John Hancock New York DFE: Pooled Separate Account $1,946
Oppenheimer Intl Growth Fund John Hancock New York DFE: Pooled Separate Account $1,815
Oppenheimer Developing Mkt John Hancock New York DFE: Pooled Separate Account $1,584
Oppenheimer Global John Hancock New York DFE: Pooled Separate Account $1,264
John Hancock Bond Fund John Hancock New York DFE: Pooled Separate Account $1,239
Small Cap Stock Fund John Hancock New York DFE: Pooled Separate Account $1,137
Fidelity Adv New Insights John Hancock New York DFE: Pooled Separate Account $967
Mutual Global Discovery John Hancock New York DFE: Pooled Separate Account $941
Invesco Small Cap Growth John Hancock New York DFE: Pooled Separate Account $838
Equity Income Fund John Hancock New York DFE: Pooled Separate Account $800
Fidelity Adv Leveraged Co Stk John Hancock New York DFE: Pooled Separate Account $758
Vanguard Growth Index Fund John Hancock New York DFE: Pooled Separate Account $728
Vanguard Mid-Cap Value Etf John Hancock New York DFE: Pooled Separate Account $670
T. Rowe Price Cap Appreciation John Hancock New York DFE: Pooled Separate Account $635
Fundamental All Cap Core Fund John Hancock New York DFE: Pooled Separate Account $420
Ivy Asset Strategy Fund John Hancock New York DFE: Pooled Separate Account $326
Amg Managers Fairpointe Midcap John Hancock New York DFE: Pooled Separate Account $318
Blackrock Global Allocation John Hancock New York DFE: Pooled Separate Account $316
Utilities Fund John Hancock New York DFE: Pooled Separate Account $314
Dfa Inflation-Protected Sec John Hancock New York DFE: Pooled Separate Account $302
Templeton Global Bond Fund John Hancock New York DFE: Pooled Separate Account $297
Vanguard Small Cap Value Index John Hancock New York DFE: Pooled Separate Account $268
Federated High Yield Bond John Hancock New York DFE: Pooled Separate Account $245
New World Fund John Hancock New York DFE: Pooled Separate Account $205
New Perspective Fund John Hancock New York DFE: Pooled Separate Account $201
Blackrock Basic Value John Hancock New York DFE: Pooled Separate Account $186
Capital Appreciation Fund John Hancock New York DFE: Pooled Separate Account $141
John Hancock Intl Growth John Hancock New York DFE: Pooled Separate Account $140
Small Cap Value Fund John Hancock New York DFE: Pooled Separate Account $136
Capital World Growth & Income John Hancock New York DFE: Pooled Separate Account $44
Total $1,373,216

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock New York 126
EIN 13-3646501
Industry Code 86375
Contract Number 82117
Contract Year 01/01/2017 — 12/31/2017
Value in General Account at Year End $0
Value in Separate Accounts at Year End $964,938
Insurance Fees and Commissions $11,416
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Joel Boyarsky 211 Broadway Lynbrook, NY 11563 Insurance Agent or Broker $10,872 $0
Improved Funding Techniques, Inc. 211 Broadway Lynbrook, NY 11563 Third Party Administrator $0 $544 TPA SERVICES
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0