Retirement plan

INFOVISION, INC 401K PLAN

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

INFOVISION, INCEIN 75-2614700Plan #001PY 2018

800 E CAMPBELL RD, SUITE 388 - RICHARDSON, TX 75081972-234-0058infovision.comLinkedIn1001-5000 employeesinformation technology and services

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$4.3M

-7.6% from 2017

Total participants

262

+26.0% from 2017

Average account balance

$39,218

-14.3% from 2017

Annual return

-6.00%

-20.72 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.34M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

177

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.

32.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.65M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+10.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$242

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
EDWARD JONES4+ years Service code 15 · EIN 43-0345811	Recordkeeping	$23,197
ADP BROKER-DEALER4+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$875
ADP BROKER-DEALER4+ years Service code 49 · EIN 22-3319984	Other Services	$0

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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$24K

$122 / participant

Other / not subdivided$24K100.0%

% of EOY assets

0.558%

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: FRANK P. SINOPOLI, CPA
Auditor EIN: 751969466
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,218

$73,102-46.4%

$123,552-68.3%

$56,287-30.3%

Participation rate

23.2%

74.3%-51.1pp

82.3%-59.1pp

69.9%-46.6pp

Annual return

-6.00%

3.01%-9.0pp

119.20%-125.2pp

-9.96%+4.0pp

Employer contribution / active EE

$2,977-100.0%

$4,628-100.0%

$2,111-100.0%

Participant deferral / active EE

$3,072

$5,423-43.3%

$6,426-52.2%

$3,350-8.3%

Admin fee / account holder

$219

$554-60.5%

$9,285-97.6%

$521-58.0%

Provider

Service type

Compensation

EDWARD JONES4+ years

Service code 15 · EIN 43-0345811

Recordkeeping

$23,197

ADP BROKER-DEALER4+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$875

ADP BROKER-DEALER4+ years

Service code 49 · EIN 22-3319984

Other Services

INFOVISION, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INFOVISION, INC 401K 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