Retirement plan

INFINITY SYSTEMS ENGINEERING, LLC 401(K) PLAN

Name: INFINITY SYSTEMS ENGINEERING, LLC - INFINITY SYSTEMS ENGINEERING, LLC 401(K) PLAN (2016) Form 5500
Creator: INFINITY SYSTEMS ENGINEERING, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INFINITY SYSTEMS ENGINEERING, LLC 401(K) PLAN, INFINITY SYSTEMS ENGINEERING, LLC

INFINITY SYSTEMS ENGINEERING, LLCEIN 84-1346695Plan #001PY 2016

13560 NORTHGATE ESTATES DRIVE - COLORADO SPRINGS, CO 80921719-548-9712infinity.aeroLinkedIn201-500 employeesinformation technology and services

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$22.3M

+24.6% from 2015

Total participants

223

+29.7% from 2015

Average account balance

$99,929

-3.9% from 2015

Annual return

12.26%

+8.63 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$70.04M

Not enough data

1 years with asset history on file

Average account balance

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

$182K

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.

385

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$461

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 2 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Service code 15 · EIN 13-3689044	Recordkeeping	$76,028
CETERA ADVISOR NETWORKS LLC2+ years Filed as: CETERA ADVISORS LLC Service code 22 · EIN 84-0858799	Insurance Broker	$39,112

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$91K

$477 / participant

Contract admin$91K100.0%

% of EOY assets

0.407%

all-in expense ratio

Categories reported

1 / 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: WILLIAM G. LAJOIE, P.C.
Auditor EIN: 841001549
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$99,929

$75,183+32.9%

$123,894-19.3%

$55,167+81.1%

Participation rate

100.0%

72.8%+27.2pp

81.4%+18.6pp

69.0%+31.0pp

Annual return

12.26%

19.01%-6.8pp

47.52%-35.3pp

169.23%-157.0pp

Employer contribution / active EE

$9,140

$2,823+223.7%

$4,617+98.0%

$1,963+365.7%

Participant deferral / active EE

$5,431

$5,084+6.8%

$5,984-9.2%

$3,054+77.8%

Admin fee / account holder

$407

$663-38.6%

$8,357-95.1%

$504-19.3%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Service code 15 · EIN 13-3689044

Recordkeeping

$76,028

CETERA ADVISOR NETWORKS LLC2+ years

Filed as: CETERA ADVISORS LLC

Service code 22 · EIN 84-0858799

Insurance Broker

$39,112

INFINITY SYSTEMS ENGINEERING, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INFINITY SYSTEMS ENGINEERING, LLC 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