Retirement plan

IN-COM DATA SYSTEMS, INC. PROFIT SHARING/401K

Name: IN-COM DATA SYSTEMS, INC. - IN-COM DATA SYSTEMS, INC. PROFIT SHARING/401K (2020) Form 5500
Creator: IN-COM DATA SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IN-COM DATA SYSTEMS, INC. PROFIT SHARING/401K, IN-COM DATA SYSTEMS, INC.

IN-COM DATA SYSTEMS, INC.EIN 75-2714248Plan #001PY 2020

720 W ARAPAHO RD - RICHARDSON, TX 750804136214-774-2284

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$770K

+39.0% from 2019

Total participants

0.0% from 2019

Average account balance

$59,199

+39.0% from 2019

Annual return

22.14%

+4.48 pp from 2019

Benchmarks

See 9,163 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort9,163 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.77M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

107.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$182K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+20.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2311

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 codes2E3D2J

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.

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

$16K

$1214 / participant

Other / not subdivided$16K100.0%

% of EOY assets

2.051%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$59,199

$115,903-48.9%

$100,528-41.1%

$158,966-62.8%

Participation rate

100.0%

81.6%+18.4pp

79.4%+20.6pp

82.0%+18.0pp

Annual return

22.14%

34.80%-12.7pp

30.90%-8.8pp

302.95%-280.8pp

Employer contribution / active EE

$2,864

$4,105-30.2%

$3,419-16.2%

$4,762-39.9%

Participant deferral / active EE

$5,547

$6,677-16.9%

$6,271-11.6%

$5,983-7.3%

Admin fee / account holder

$1,214

$11,000-89.0%

$8,084-85.0%

$11,250-89.2%

IN-COM DATA SYSTEMS, INC. PROFIT SHARING/401K

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IN-COM DATA SYSTEMS, INC. PROFIT SHARING/401K

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