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QUESTCOR, INC. 401(K) PLAN 401k Plan overview

Plan NameQUESTCOR, INC. 401(K) PLAN
Plan identification number 001

QUESTCOR, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • 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.
  • 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.
  • 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 contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

QUESTCOR PHARMACEUTICALS, INC. has sponsored the creation of one or more 401k plans.

Company Name:QUESTCOR PHARMACEUTICALS, INC.
Employer identification number (EIN):330476164
NAIC Classification:424210
NAIC Description:Drugs and Druggists' Sundries Merchant Wholesalers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan QUESTCOR, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012014-01-01CATHRYN K. BEISEL BRYAN BIRCH2015-10-14
0012013-01-01BRYAN BIRCH BRYAN BIRCH2015-12-09
0012012-01-01JOEL LIUDAHL
0012011-01-01DAVID MEDEIROS
0012010-01-01DAVID MEDEIROS2011-07-11 DAVID MEDEIROS2011-07-11

Plan Statistics for QUESTCOR, INC. 401(K) PLAN

401k plan membership statisitcs for QUESTCOR, INC. 401(K) PLAN

Measure Date Value
2014: QUESTCOR, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01521
Total number of active participants reported on line 7a of the Form 55002014-01-01560
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-01104
Total of all active and inactive participants2014-01-01664
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01664
Number of participants with account balances2014-01-01547
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-019
2013: QUESTCOR, INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01392
Total number of active participants reported on line 7a of the Form 55002013-01-01471
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0149
Total of all active and inactive participants2013-01-01520
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01520
Number of participants with account balances2013-01-01442
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-018
2012: QUESTCOR, INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-01209
Total number of active participants reported on line 7a of the Form 55002012-01-01348
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0144
Total of all active and inactive participants2012-01-01392
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-01392
Number of participants with account balances2012-01-01326
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-018
2011: QUESTCOR, INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01145
Total number of active participants reported on line 7a of the Form 55002011-01-01165
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0140
Total of all active and inactive participants2011-01-01205
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-01205
Number of participants with account balances2011-01-01203
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0121

Financial Data on QUESTCOR, INC. 401(K) PLAN

Measure Date Value
2014 : QUESTCOR, INC. 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2014-12-31$0
Total income from all sources (including contributions)2014-12-31$12,180,376
Total loss/gain on sale of assets2014-12-31$0
Total of all expenses incurred2014-12-31$3,037,196
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$2,973,376
Value of total corrective distributions2014-12-31$12,302
Total contributions o plan (from employers,participants, others, non cash contrinutions)2014-12-31$10,338,690
Value of total assets at end of year2014-12-31$30,853,430
Value of total assets at beginning of year2014-12-31$21,710,250
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$51,518
Total interest from all sources2014-12-31$14,135
Total dividends received (eg from common stock, registered investment company shares)2014-12-31$1,214,102
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$1,214,102
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$500,000
If this is an individual account plan, was there a blackout period2014-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31No
Contributions received from participants2014-12-31$5,828,637
Participant contributions at end of year2014-12-31$314,197
Participant contributions at beginning of year2014-12-31$156,227
Participant contributions at end of year2014-12-31$149,611
Income. Received or receivable in cash from other sources (including rollovers)2014-12-31$2,623,605
Other income not declared elsewhere2014-12-31$14,607
Administrative expenses (other) incurred2014-12-31$51,518
Total non interest bearing cash at end of year2014-12-31$28,215,978
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Value of net income/loss2014-12-31$9,143,180
Value of net assets at end of year (total assets less liabilities)2014-12-31$30,853,430
Value of net assets at beginning of year (total assets less liabilities)2014-12-31$21,710,250
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$20,226,401
Interest on participant loans2014-12-31$14,135
Value of interest in common/collective trusts at end of year2014-12-31$2,128,876
Value of interest in common/collective trusts at beginning of year2014-12-31$1,327,622
Net investment gain/loss from registered investment companies (e.g. mutual funds)2014-12-31$575,893
Net investment gain or loss from common/collective trusts2014-12-31$22,949
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$1,886,448
Employer contributions (assets) at end of year2014-12-31$44,768
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$2,973,376
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32014-12-31Yes
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31BROWN SMITH WALLACE LLC
Accountancy firm EIN2014-12-31431001367
2013 : QUESTCOR, INC. 401(K) PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2013-12-31$0
Total income from all sources (including contributions)2013-12-31$11,460,421
Total loss/gain on sale of assets2013-12-31$0
Total of all expenses incurred2013-12-31$627,665
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$609,404
Total contributions o plan (from employers,participants, others, non cash contrinutions)2013-12-31$8,098,438
Value of total assets at end of year2013-12-31$21,710,250
Value of total assets at beginning of year2013-12-31$10,877,494
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$18,261
Total interest from all sources2013-12-31$7,618
Total dividends received (eg from common stock, registered investment company shares)2013-12-31$262,873
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$262,873
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$500,000
If this is an individual account plan, was there a blackout period2013-12-31Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Contributions received from participants2013-12-31$4,636,203
Participant contributions at end of year2013-12-31$156,227
Participant contributions at beginning of year2013-12-31$179,649
Income. Received or receivable in cash from other sources (including rollovers)2013-12-31$1,926,202
Other income not declared elsewhere2013-12-31$5,707
Administrative expenses (other) incurred2013-12-31$18,261
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Value of net income/loss2013-12-31$10,832,756
Value of net assets at end of year (total assets less liabilities)2013-12-31$21,710,250
Value of net assets at beginning of year (total assets less liabilities)2013-12-31$10,877,494
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$20,226,401
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$10,034,324
Interest on participant loans2013-12-31$7,618
Value of interest in common/collective trusts at end of year2013-12-31$1,327,622
Value of interest in common/collective trusts at beginning of year2013-12-31$663,521
Net investment gain/loss from registered investment companies (e.g. mutual funds)2013-12-31$3,106,854
Net investment gain or loss from common/collective trusts2013-12-31$-21,069
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31No
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$1,536,033
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$609,404
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32013-12-31Yes
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31BDO USA, LLP
Accountancy firm EIN2013-12-31135381590
2012 : QUESTCOR, INC. 401(K) PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2012-12-31$0
Total income from all sources (including contributions)2012-12-31$5,732,383
Total loss/gain on sale of assets2012-12-31$0
Total of all expenses incurred2012-12-31$1,086,811
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$1,084,936
Total contributions o plan (from employers,participants, others, non cash contrinutions)2012-12-31$4,666,684
Value of total assets at end of year2012-12-31$10,877,494
Value of total assets at beginning of year2012-12-31$6,231,922
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$1,875
Total interest from all sources2012-12-31$7,155
Total dividends received (eg from common stock, registered investment company shares)2012-12-31$268,021
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$268,021
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$500,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Contributions received from participants2012-12-31$2,948,592
Participant contributions at end of year2012-12-31$179,649
Participant contributions at beginning of year2012-12-31$132,751
Income. Received or receivable in cash from other sources (including rollovers)2012-12-31$754,642
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Value of net income/loss2012-12-31$4,645,572
Value of net assets at end of year (total assets less liabilities)2012-12-31$10,877,494
Value of net assets at beginning of year (total assets less liabilities)2012-12-31$6,231,922
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$10,034,324
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$5,647,277
Interest on participant loans2012-12-31$7,155
Value of interest in common/collective trusts at end of year2012-12-31$663,521
Value of interest in common/collective trusts at beginning of year2012-12-31$451,894
Net investment gain/loss from registered investment companies (e.g. mutual funds)2012-12-31$744,124
Net investment gain or loss from common/collective trusts2012-12-31$46,399
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31No
Was there a failure to transmit to the plan any participant contributions2012-12-31Yes
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$963,450
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$1,084,936
Contract administrator fees2012-12-31$1,875
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31BDO USA, LLP
Accountancy firm EIN2012-12-31135381590
2011 : QUESTCOR, INC. 401(K) PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets2011-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2011-12-31$0
Total income from all sources (including contributions)2011-12-31$2,017,619
Total loss/gain on sale of assets2011-12-31$0
Total of all expenses incurred2011-12-31$381,054
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$374,215
Value of total corrective distributions2011-12-31$3,710
Total contributions o plan (from employers,participants, others, non cash contrinutions)2011-12-31$2,482,196
Value of total assets at end of year2011-12-31$6,231,922
Value of total assets at beginning of year2011-12-31$4,595,357
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$3,129
Total interest from all sources2011-12-31$6,155
Total dividends received (eg from common stock, registered investment company shares)2011-12-31$132,053
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$132,053
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$500,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Contributions received from participants2011-12-31$1,562,570
Participant contributions at end of year2011-12-31$132,751
Participant contributions at beginning of year2011-12-31$147,342
Income. Received or receivable in cash from other sources (including rollovers)2011-12-31$659,394
Administrative expenses (other) incurred2011-12-31$15
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Value of net income/loss2011-12-31$1,636,565
Value of net assets at end of year (total assets less liabilities)2011-12-31$6,231,922
Value of net assets at beginning of year (total assets less liabilities)2011-12-31$4,595,357
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$5,647,277
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$4,138,467
Interest on participant loans2011-12-31$6,155
Value of interest in common/collective trusts at end of year2011-12-31$451,894
Value of interest in common/collective trusts at beginning of year2011-12-31$309,548
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-612,882
Net investment gain or loss from common/collective trusts2011-12-31$10,097
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31No
Was there a failure to transmit to the plan any participant contributions2011-12-31Yes
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Contributions received in cash from employer2011-12-31$260,232
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$374,215
Contract administrator fees2011-12-31$3,114
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31BDO USA, LLP
Accountancy firm EIN2011-12-31135381590

Form 5500 Responses for QUESTCOR, INC. 401(K) PLAN

2014: QUESTCOR, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: QUESTCOR, INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedYes
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: QUESTCOR, INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: QUESTCOR, INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes

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