How much does Invision Communications, Inc. contribute to its ESOP?

In 2023, employer contributions to the Invision Communications, Inc. plan averaged $15,237 per active participant, above the $522 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Invision Communications, Inc. 401(k)?

The average participant account balance was -$243,488 for plan year 2023, based on 165 accounts.

Invision Communications, Inc.ESOP

Name: Invision Communications, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

INVISION COMMUNICATIONS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · WALNUT CREEK, CA · plan year 2023

Employer contribution per participant · 2023

$15,237

Invision Communications, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held -$40,175,495 across 165 participant accounts, with employer contributions averaging $15,237 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers.

Plan summary
Net assets, end of year-$40,175,495
Participants with balances165
Active participants163
Employer contributions$2,483,625
Employee contributions—
Employer contribution per active participant$15,237
Average account balance-$243,488
Benefits paid to participants$23,225
Plan auditUnmodified (clean) audit opinion
AuditorHENDERSON, HUTCHERSON & MCCULLOUGH

Plan history2

Yearassets · accounts · employer contribution

2023$-40.2M · 165 accts · $2.5M emplr

2022$-49.4M · 149 accts · $2.5M emplr

Employer contributions to the Invision Communications, Inc. plan · 2023

Employer contribution per active participant$15,237

Median for plans this size$522

2023$15,237 per active participant

2022$16,669 per active participant

Invision Communications, Inc.'s 2023 employer contribution ran above the $522 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history2

2023Not separately reported

2022Not separately reported

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 680235890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.