Retirement plan

INTEGRATED COMMUNICATION SERVICES, INC. PROFIT SHARING PLAN & TRUST

Name: INTEGRATED COMMUNICATION SERVICES, INC. - INTEGRATED COMMUNICATION SERVICES, INC. PROFIT SHARING PLAN & TRUST (2019) Form 5500
Creator: INTEGRATED COMMUNICATION SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTEGRATED COMMUNICATION SERVICES, INC. PROFIT SHARING PLAN & TRUST, INTEGRATED COMMUNICATION SERVICES, INC.

INTEGRATED COMMUNICATION SERVICES, INC.EIN 04-2730846Plan #001PY 2019

916 PLEASANT ST - NORWOOD, MA 02062781-769-2927icsne.comLinkedIn11-50 employeestelecommunications

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+12.7% from 2018

Total participants

-5.9% from 2018

Average account balance

$140,464

+19.8% from 2018

Annual return

17.36%

+21.55 pp from 2018

Benchmarks

See 119,358 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort119,358 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.39M

Not enough data

1 years with asset history on file

Average account balance

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

$212K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D2F

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).
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$141K

$15665 / participant

Other / not subdivided$141K100.0%

% of EOY assets

6.273%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$140,464

$157,276-10.7%

$141,177-0.5%

$152,885-8.1%

Participation rate

100.0%

84.8%+15.2pp

82.5%+17.5pp

Annual return

17.36%

64.33%-47.0pp

71.40%-54.0pp

345.39%-328.0pp

Employer contribution / active EE

$1,806

$5,262-65.7%

$4,736-61.9%

$4,763-62.1%

Participant deferral / active EE

$3,587

$7,110-49.6%

$6,710-46.5%

$5,851-38.7%

Admin fee / account holder

$8,812

$12,123-27.3%

$10,263-14.1%

$11,598-24.0%

INTEGRATED COMMUNICATION SERVICES, INC. PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTEGRATED COMMUNICATION SERVICES, INC. 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