Retirement plan

INTELYCARE, INC. 401(K) PLAN

Name: INTELYCARE, INC. - INTELYCARE, INC. 401(K) PLAN (2023) Form 5500
Creator: INTELYCARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTELYCARE, INC. 401(K) PLAN, INTELYCARE, INC.

INTELYCARE, INC.EIN 47-2739929Plan #001PY 2023

1250 HANCOCK STREET, 501N - QUINCY, MA 02169844-683-5922intelycare.comLinkedIn201-500 employeesstaffing and recruiting

Prospect flagsLow participationLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$10.1M

+143.1% from 2022

Total participants

17,623

+100.6% from 2022

Average account balance

$12,462

+119.2% from 2022

Annual return

60.12%

+42.33 pp from 2022

Benchmarks

See 55 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants>=10,000

Cohort55 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.36M

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

798

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.

4.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$277

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

+18.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$35,560
AMERIPRISE FINANCIAL SERVICES INC3+ years Filed as: AMERIPRISE FINANCIAL SERVICES LLC Service code 55 70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474	Other Commissions	$35,275
COMPASS 360, LLC1 year Filed as: COMPASS RETIREMENT CONSULTING GROUP Service code 13 118 PORTSMOUTH AVE STE D201 · STRATHAM, NH 03885	Contract Administrator	$11,100
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$6,829
ENVESTNET RETIREMENT SOLUTIONS, LLC3+ years Service code 99 1801 CALIFORNIA ST · DENVER, CO 80202	Other Fees	-$518

Plan features & details

Pension benefit codes2A2K

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$64K

$4 / participant

Recordkeeping$36K55.8%
Investment mgmt$18K27.7%
Contract admin$11K17.4%

% of EOY assets

0.630%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WOLF & COMPANY, P.C.
Auditor EIN: 042689883
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$12,462

$36,954-66.3%

$80,648-84.5%

$96,393-87.1%

Participation rate

3.6%

33.6%-30.0pp

67.0%-63.4pp

71.3%-67.7pp

Annual return

60.12%

36.74%+23.4pp

937.21%-877.1pp

22.88%+37.2pp

Employer contribution / active EE

$96

$776-87.7%

$2,724-96.5%

$3,239-97.0%

Participant deferral / active EE

$183

$1,942-90.6%

$4,443-95.9%

$5,455-96.6%

Admin fee / account holder

$78

$115-31.7%

$5,382-98.5%

$74+6.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$35,560

AMERIPRISE FINANCIAL SERVICES INC3+ years

Filed as: AMERIPRISE FINANCIAL SERVICES LLC

Service code 55

70100 AMERIPRISE FINANCIAL CENTER · MINNEAPOLIS, MN 55474

Other Commissions

$35,275

COMPASS 360, LLC1 year

Filed as: COMPASS RETIREMENT CONSULTING GROUP

Service code 13

118 PORTSMOUTH AVE STE D201 · STRATHAM, NH 03885

Contract Administrator

$11,100

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$6,829

ENVESTNET RETIREMENT SOLUTIONS, LLC3+ years

Service code 99

1801 CALIFORNIA ST · DENVER, CO 80202

Other Fees

-$518

INTELYCARE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTELYCARE, INC. 401(K) 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