Retirement plan

INVISO CORP. 401(K) PLAN

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

INVISO CORP.EIN 71-0965987Plan #001PY 2023

1100 BELLEVUE WAY NE, STE 8A-120 - BELLEVUE, WA 98004425-702-8175invisocorp.comLinkedIn201-500 employeesinformation technology and services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.5M

+33.3% from 2022

Total participants

126

-11.9% from 2022

Average account balance

$93,989

+38.0% from 2022

Annual return

19.24%

+36.74 pp from 2022

Benchmarks

See 28,714 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,714 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.17M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

100

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.

74.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$641

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$47,076
SA STONE WEALTH MANAGEMENT4 years Filed as: SA STONE WEALTH MANAGEMENT INC. Service code 55	Other Commissions	$26,044
HUNNEX AND SHOEMAKER, INC.6 years Filed as: HUNNEX & SHOEMAKER INC Service code 13	Contract Administrator	$8,757
HUNNEX AND SHOEMAKER, INC.9+ years Filed as: HUNNEX AND SHOEMAKER INC Service code 13 · EIN 91-1072394	Contract Administrator	$3,913

Plan features & details

Pension benefit codes2F2J2S2T3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$51K

$579 / participant

Other / not subdivided$51K100.0%

% of EOY assets

0.484%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VISSE & COMPANY CPAS
Auditor EIN: 542088418
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,989

$93,589+0.4%

$135,942-30.9%

$75,181+25.0%

Participation rate

84.1%

75.2%+8.9pp

81.9%+2.2pp

67.2%+16.9pp

Annual return

19.24%

30.90%-11.7pp

68.28%-49.0pp

160.69%-141.4pp

Employer contribution / active EE

$4,259

$3,537+20.4%

$4,858-12.3%

$2,671+59.5%

Participant deferral / active EE

$10,795

$6,405+68.5%

$7,759+39.1%

$4,126+161.6%

Admin fee / account holder

$455

$6,977-93.5%

$10,764-95.8%

$5,650-91.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY O

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$47,076

SA STONE WEALTH MANAGEMENT4 years

Filed as: SA STONE WEALTH MANAGEMENT INC.

Service code 55

Other Commissions

$26,044

HUNNEX AND SHOEMAKER, INC.6 years

Filed as: HUNNEX & SHOEMAKER INC

Service code 13

Contract Administrator

$8,757

HUNNEX AND SHOEMAKER, INC.9+ years

Filed as: HUNNEX AND SHOEMAKER INC

Service code 13 · EIN 91-1072394

Contract Administrator

$3,913

INVISO CORP. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INVISO CORP. 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