Retirement plan

INVOCA, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: INVOCA, INC. - INVOCA, INC. 401(K) PROFIT SHARING PLAN & TRUST (2021) Form 5500
Creator: INVOCA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INVOCA, INC. 401(K) PROFIT SHARING PLAN & TRUST, INVOCA, INC.

INVOCA, INC.EIN 26-4390865Plan #001PY 2021

419 STATE STREET - SANTA BARBARA, CA 93101888-675-2007invoca.comLinkedIn201-500 employeescomputer software

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$16.3M

+31.2% from 2020

Total participants

267

-3.3% from 2020

Average account balance

$70,111

+30.1% from 2020

Annual return

24.76%

-4.80 pp from 2020

Benchmarks

See 5,715 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,715 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.52M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

454

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.

89.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+18.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$341

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Service code 37 · EIN 04-2647786	Loan Processing	$23,919
RESOURCES INVESTMENT ADVISORS LLC1 year Service code 27 · EIN 43-1451524	Advisory (Plan)	$13,587
SAGEPOINT FINANCIAL INC7+ years Service code 55 · EIN 20-1741754	Other Commissions	$5,305

Plan features & details

Pension benefit codes2J2K2T2E2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
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 contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$46K

$229 / participant

Other / not subdivided$46K100.0%

% of EOY assets

0.279%

all-in expense ratio

Categories reported

0 / 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: BARTLETT, PRINGLE & WOLF, LLP
Auditor EIN: 952089835
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,111

$104,479-32.9%

$159,474-56.0%

$79,391-11.7%

Participation rate

82.9%

76.6%+6.3pp

82.8%+0.1pp

70.7%+12.2pp

Annual return

24.76%

67.98%-43.2pp

263.68%-238.9pp

116.88%-92.1pp

Employer contribution / active EE

$4,262

$3,417+24.7%

$4,831-11.8%

$2,428+75.5%

Participant deferral / active EE

$10,065

$6,468+55.6%

$7,353+36.9%

$4,046+148.8%

Admin fee / account holder

$195

$711-72.5%

$10,802-98.2%

$627-68.8%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Service code 37 · EIN 04-2647786

Loan Processing

$23,919

RESOURCES INVESTMENT ADVISORS LLC1 year

Service code 27 · EIN 43-1451524

Advisory (Plan)

$13,587

SAGEPOINT FINANCIAL INC7+ years

Service code 55 · EIN 20-1741754

Other Commissions

$5,305

INVOCA, INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INVOCA, INC. 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