Infocision, Inc. 401(k) Review & Grade
Infocision, Inc. 401(k) Plan
Akron, OHProfessional, Scientific & Technical Services742 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$131Employer $ per active participant
$1,105Employee $ saved per active participant
0.49%Direct admin cost, % of plan assets
$36.2MNet plan assets, end of year
$88,356Average balance per account
Score breakdown
- Employer generosity3.9 / 508th percentile for employer $ per participant
- Low cost5.9 / 2524th percentile for low admin cost vs. same-size plans
- Employee saving0.8 / 155th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score11 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 24th |
| Employee saving | 5th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $7,562 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Infocision put in about $131 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.49% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $97,625 |
| Participant (employee) contributions | $820,484 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $175,991 |
| Investment advisory & management fees | $41,566 |
| Other admin expenses | $42,881 |
| Benefits paid out | $4,425,924 |
| Net assets, start / end of year | $35.2M / $36.2M |
| Active participants, start / end of year | 773 / 712 |
| Participants with account balances | 410 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bober Markey Fedorovich |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $91,544 reported compensation |
| Capfinancial Partners LLC DBA Captr | $42,881 reported compensation |
| Raymond James | $28,319 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008121440NAL0002987203001, received 2025-10-08, EIN 34-1367630, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.