Retirement plan

INFORMATION CAPTURE SOLUTIONS, LLC 401(K) RETIREMENT PLAN

Name: INFORMATION CAPTURE SOLUTIONS, LLC - INFORMATION CAPTURE SOLUTIONS, LLC 401(K) RETIREMENT PLAN (2021) Form 5500
Creator: INFORMATION CAPTURE SOLUTIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INFORMATION CAPTURE SOLUTIONS, LLC 401(K) RETIREMENT PLAN, INFORMATION CAPTURE SOLUTIONS, LLC

INFORMATION CAPTURE SOLUTIONS, LLCEIN 20-1782572Plan #001PY 2021

25 AIR PARK DR - LONDON, KY 40744606-862-2000infocapsol.comLinkedIn11-50 employeescomputer software

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.3M

+15.1% from 2020

Total participants

-7.7% from 2020

Average account balance

$83,152

+29.4% from 2020

Annual return

11.97%

-3.24 pp from 2020

Benchmarks

See 15,329 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort15,329 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.33M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$189K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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 codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$87K

$3770 / participant

Other / not subdivided$87K100.0%

% of EOY assets

6.518%

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

$83,152

$114,093-27.1%

$96,171-13.5%

$167,536-50.4%

Participation rate

65.2%

75.1%-9.8pp

68.4%-3.2pp

82.1%-16.9pp

Annual return

11.97%

190.00%-178.0pp

192.04%-180.1pp

478.82%-466.8pp

Employer contribution / active EE

$1,551

$3,429-54.8%

$2,799-44.6%

$4,839-67.9%

Participant deferral / active EE

$3,745

$5,197-27.9%

$4,350-13.9%

$6,342-40.9%

Admin fee / account holder

$5,420

$6,899-21.4%

$5,538-2.1%

$12,315-56.0%

INFORMATION CAPTURE SOLUTIONS, LLC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INFORMATION CAPTURE SOLUTIONS, LLC 401(K) RETIREMENT PLAN

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