Plan Snapshot
- Plan Sponsor: Infocision, INC.
- Sponsor EIN: 341367630
- Sponsor Address: 325 SPRINGSIDE DRIVE, AKRON, OH, 44333
- Plan Type: 401(k)
- Total Participants: 712
- Total Assets: $36.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 712 | $36.2M | $97,625 | $820,484 |
| 2023 | 773 | $35.2M | $160,274 | $993,895 |
| 2022 | 1,212 | $34.2M | $355,426 | $1.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $91,544 | — | $91,544 |
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | OTHER | $42,881 | — | $42,881 |
| RAYMOND JAMES | INVESTMENT ADVISOR | $28,319 | — | $28,319 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $13,247 | — | $13,247 |
| BOBER MARKEY FEDOROVICH | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOBER MARKEY FEDOROVICH — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $175,991
- Estimated Expense Ratio: 0.486% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $175,991 | $41,566 | — | — | — |
| 2023 | $174,927 | $43,873 | — | — | — |
| 2022 | $181,250 | $85,329 | $95,921 | — | — |