Plan Snapshot
- Plan Sponsor: Investcloud, INC.
- Sponsor EIN: 320412640
- Sponsor Address: 770 SAN VINCENTE BOULEVARD, WEST HOLLYWOOD, CA, 90069
- Plan Type: 401(k)
- Total Participants: 586
- Total Assets: $152.4M
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 | 586 | $152.4M | $3.5M | $8.0M |
| 2023 | 714 | $139.9M | $4.3M | $9.7M |
| 2022 | 838 | $113.4M | $3.1M | $7.2M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RETAINED BY EMPLOYER | $34,476 | — | $34,476 |
| COHNREZNICK, LLP | AUDITOR | $27,300 | — | $27,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
- COHNREZNICK, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,776
- Estimated Expense Ratio: 0.041% 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 | $61,776 | $28,061 | $6,415 | $27,300 | — |
| 2023 | $32,409 | $21,539 | $10,870 | — | — |
| 2022 | $147,727 | — | $18,325 | — | $34,677 |