Retirement plan

INFOIMAGE OF CALIFORNIA, INC. RETIREMENT PLAN

Name: INFOIMAGE OF CALIFORNIA, INC. - INFOIMAGE OF CALIFORNIA, INC. RETIREMENT PLAN (2024) Form 5500
Creator: INFOIMAGE OF CALIFORNIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INFOIMAGE OF CALIFORNIA, INC. RETIREMENT PLAN, INFOIMAGE OF CALIFORNIA, INC.

INFOIMAGE OF CALIFORNIA, INC.EIN 94-3001954Plan #001PY 2024

175 SOUTH HILL DRIVE - BRISBANE, CA 94005650-473-6300

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$17.3M

+11.9% from 2023

Total participants

259

+4.0% from 2023

Average account balance

$71,645

+8.7% from 2023

Annual return

14.14%

-4.32 pp from 2023

Benchmarks

See 6,280 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,280 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.27M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

241

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.

89.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.15M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$331

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
MERRILL LYNCH PIERCE FENNER & SMITH3 years Filed as: MERRILL LYNCH Service code 27	Advisory (Plan)	$48,908
PLAN DESIGN CONSULTANTS, INC.3 years Filed as: PLAN DESIGN CONSULTANTS INC Service code 13	Contract Administrator	$9,838
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER. Service code 64	Recordkeeping Fees	$1,152

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

$80K

$489 / participant

Other / not subdivided$80K100.0%

% of EOY assets

0.462%

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: AUDIT AND TAX SOLUTIONS, CPAS, INC
Auditor EIN: 943211753
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,645

$101,653-29.5%

$147,080-51.3%

$74,459-3.8%

Participation rate

89.0%

75.6%+13.4pp

82.2%+6.8pp

67.2%+21.7pp

Annual return

14.14%

8754.98%-8740.8pp

420.17%-406.0pp

1369.70%-1355.6pp

Employer contribution / active EE

$1,285

$3,813-66.3%

$4,933-74.0%

$2,626-51.1%

Participant deferral / active EE

$5,751

$7,304-21.3%

$8,066-28.7%

$4,350+32.2%

Admin fee / account holder

$331

$1,752-81.1%

$12,989-97.5%

$1,945-83.0%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3 years

Filed as: MERRILL LYNCH

Service code 27

Advisory (Plan)

$48,908

PLAN DESIGN CONSULTANTS, INC.3 years

Filed as: PLAN DESIGN CONSULTANTS INC

Service code 13

Contract Administrator

$9,838

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER.

Service code 64

Recordkeeping Fees

$1,152

INFOIMAGE OF CALIFORNIA, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INFOIMAGE OF CALIFORNIA, INC. RETIREMENT 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