Retirement plan

INTERNET COMMERCE CORPORATION 401(K) PLAN

Name: INTERNET COMMERCE CORPORATION - INTERNET COMMERCE CORPORATION 401(K) PLAN (2018) Form 5500
Creator: INTERNET COMMERCE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERNET COMMERCE CORPORATION 401(K) PLAN, INTERNET COMMERCE CORPORATION

INTERNET COMMERCE CORPORATIONEIN 58-2480517Plan #003PY 2018

3535 ROSWELL ROAD, SUITE 45 - MARIETTA, GA 30062770-321-6561icconline.comLinkedIn51-200 employeesinformation technology and services

Other plans on this EIN

1 filing

#002Retirement-$3.3M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$290K

+12.9% from 2017

Total participants

0.0% from 2017

Average account balance

$145,118

+12.9% from 2017

Annual return

-19.02%

-19.04 pp from 2017

Benchmarks

See 8,369 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,369 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.85M

Not enough data

1 years with asset history on file

Average account balance

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

$1.4M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+6.50%

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 codes2E2J3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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

$145,118

$97,020+49.6%

$83,327+74.2%

$135,380+7.2%

Participation rate

100.0%

80.4%+19.6pp

77.8%+22.2pp

82.6%+17.4pp

Annual return

-19.02%

12.31%-31.3pp

10.64%-29.7pp

519.81%-538.8pp

Employer contribution / active EE

$16,500

$4,144+298.2%

$3,379+388.3%

$4,779+245.3%

Participant deferral / active EE

$24,500

$5,964+310.8%

$5,565+340.2%

$5,609+336.8%

Admin fee / account holder

$8,426-100.0%

$7,540-100.0%

$10,828-100.0%

INTERNET COMMERCE CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

INTERNET COMMERCE CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion