11-K 1 a2053035z11-k.htm 11-K Prepared by MERRILL CORPORATION
QuickLinks -- Click here to rapidly navigate through this document

SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549

FORM 11-K

(Mark One)

/x/ ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2000

OR

/ /
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                to               .

Commission file number: 000-27385

    A.  Full title of the plan and the address of the plan, if different from that of the issuer named below:

INTERACTIVE INTELLIGENCE, INC. 401(K) SAVINGS PLAN

    B.  Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

INTERACTIVE INTELLIGENCE, INC.
8909 Purdue Road, Suite 300
Indianapolis, Indiana 46268


REQUIRED INFORMATION

Item 4. The Plan is subject to the Employee Retirement Income Security Act of 1974 ("ERISA") and the Plan's financial statements and schedules have been prepared in accordance with the financial reporting requirements of ERISA. Such financial statements and schedules are included in this Report in lieu of the information required by Items 1-3 of Form 11-K.

Financial Statements and Exhibits

    (a) Financial Statements:

        Report of Independent Auditors

        Financial Statements:

          Statements of Net Assets Available for Benefits as of December 31, 2000 and 1999

          Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2000

          Notes to Financial Statements

    (b) Supplemental Schedules:

          Schedule H, Line 4(i)—Schedule of Assets (Held At End of Year)

    (Supplemental schedules not listed are omitted due to the absence of conditions under which they are required.)

    (c) Signature Page

    (d) Exhibits

    23—Consent of Ernst & Young LLP

Report of Independent Auditors

Plan Administrator
Interactive Intelligence, Inc. 401(k) Savings Plan

    We have audited the accompanying statement of net assets available for benefits of the Interactive Intelligence, Inc. 401(k) Savings Plan as of December 31, 2000 and the related statement of changes in net assets available for benefits for the year then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audit.

    We conducted our audit in accordance with auditing standards generally accepted in the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

    We have also compiled the accompanying statement of net assets available for benefits of the Plan as of December 31, 1999, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. A compilation is limited to presenting, in the form of financial statements, information that is the representation of management. We have not audited or reviewed the accompanying statement of net assets available for benefits as of December 31, 1999, and accordingly do not express an opinion or any other form of assurance on it.

    In our opinion, the 2000 financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 2000 and the changes in its net assets available for benefits for the year then ended, in conformity with accounting principles generally accepted in the United States.

    Our audit was performed for the purpose of forming an opinion on the financial statements taken as a whole. The accompanying supplemental schedule of assets held at end of year as of December 31, 2000, is presented for purposes of additional analysis and is not a required part of the financial statements but is supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan's management. The supplemental schedule has been subjected to auditing procedures applied in our audit of the financial statements and, in our opinion, is fairly stated in all material respects in relation to the financial statements taken as a whole.

/s/ ERNST & YOUNG LLP

Indianapolis, Indiana
June 18, 2001

Interactive Intelligence, Inc. 401(k) Savings Plan

Statements of Net Assets Available for Benefits

 
   December 31
 
   2000
   1999
 
    
   (compiled)
Investments, at fair value   $ 3,323,229   $ 2,320,300
Cash     45,516     —
Accrued income     4,404     —
   
 
Net assets available for benefits   $ 3,373,149   $ 2,320,300
   
 

See accompanying notes.

Interactive Intelligence, Inc.401(k) Savings Plan

Statement of Changes in Net Assets Available for Benefits

Year ended December 31, 2000

Additions:      
  Contributions   $ 1,435,958
  Investment income     291,869
   
Total additions     1,727,827

Deductions:
 
 
 
 
Net realized / unrealized depreciation in fair value of investments
 
 
630,672
  Benefits paid to participants     44,206
  Administrative expenses     100
   
Total deductions     674,978
   

Net increase
 
 
1,052,849

Net assets available for benefits at beginning of year
 
 
2,320,300
   
Net assets available for benefits at end of year   $ 3,373,149
   

See accompanying notes.

Interactive Intelligence, Inc. 401(k) Savings Plan

Notes to Financial Statements

December 31, 2000

1.  Description of the Plan

    The following description of the Interactive Intelligence, Inc. 401(k) Savings Plan ("Plan") provides only general information. Participants should refer to the Summary Plan Description for a more complete description of the Plan's provisions.

General

    Interactive Intelligence, Inc. ("Company") established the Plan for qualifying employees effective January 1, 1996. The Plan is administered by the Company ("Plan Administrator"). The purpose of the Plan is to provide retirement income and other benefits to eligible employees of the Company. An employee must have reached age twenty-one to be eligible for participation in the Plan. If an employee has met the age requirement, they are eligible to participate in the Plan as of their first day of service. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA").

Contributions

    The Plan is a contributory defined contribution plan. Each year participants may contribute up to 20% of pretax annual compensation, as defined, limited to a maximum as established by the Internal Revenue Service. Participants may also contribute amounts representing qualified rollovers from other qualified plans.

Vesting

    Participants are immediately vested in their contributions plus the actual earnings thereon.

Participant Accounts

    Each participant's account is credited with the participant's contributions and Plan earnings. The benefit to which a participant is entitled equals the participant's vested accrued balance.

Investment Options

    Participants may direct their employee contributions to any of the investment options selected by the Plan Administrator.

Payment of Benefits

    Benefits generally are distributed on the participant's termination of employment with the Company, normal retirement, disability retirement, or death. Benefits are payable in a lump-sum distribution unless otherwise elected by the participant.

Plan Termination

    The Company has not expressed any intent to terminate the Plan but has the option to do so at any time subject to the provisions of ERISA.

Administrative Expenses

    Expenses related to the Plan may be paid for by either the Plan or the Plan Administrator.

2.  Significant Accounting Policies

Investments

    All investments at December 31, 2000 and 1999 are stated at fair value, which equals the quoted market price on the last business day of the plan year.

Contributions

    Participant contributions are recorded as additions to net assets available for benefits when withheld from the employees' earnings.

Income Tax Status

    The Plan has not received a determination letter from the Internal Revenue Service stating that the Plan is qualified under Section 401 (a) of the Internal Revenue Code (the "Code"). However, the Plan Administrator believes that the Plan is qualified and, therefore, that the related trust is exempt from taxation.

Use of Estimates

    The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.

3.  Investments

    The Plan's investments were held in trust by Merrill Lynch from April 1, 2000 through December 31, 2000 and Fifth Third Bank from January 1, 2000 through March 31, 2000. During 2000, the Plan's investments in the various funds (including investments bought, sold, and held during the year) depreciated in fair value as presented in the following table:

 
   Net Depreciation
in Fair Value
During the Year ended
December 31, 2000
  
Mutual funds   $ (615,924 )
Common stock     (14,748 )
   
 
    $ (630,672 )
   
 

    The fair value of individual investments that represent 5% or more of the Plan's net assets is as follows:

 
   December 31
 
   2000
   1999
Van Kampen Aggr Growth Fund Class A   $ 1,005,904   $ —
Fidelity Advisor Growth and Income Fund Class T     243,800     —
Alger Balanced Portfolio Class A     260,265     —
ML S&P 500 Index Fund Class A     754,914     —
Alliance Premium Growth Class A     411,370     —
Dodge & Cox Stock G&I     —     180,876
Vanguard Index 200     —     600,626
Acorn Growth     —     175,406
TRP NA Growth     —     136,912
PBHG Aggregate Growth     —     379,670
TRP S&T Aggregate Growth     —     503,663

Interactive Intelligence ,Inc. 401(k) Savings Plan

Schedule H, Line 4i—Schedule of Assets (Held At End of Year)

December 31, 2000

EIN: 35-1933097
Plan Number: 001

(b)

   (c)

   (d)

   (e)
Identity of Issue, Borrower, Lessor, or Similar Party
   Description of Investment, including
Maturity Date, Rate of Interest,
Collateral, Par or Maturity Value
   Cost
   Current Value
Mutual funds:                
  ML Bond Fund Inc. Intermediate Term Fund Class D   7,877.4071 shares   $ 84,950   $ 87,833
  PIMCO Innovation Fund Class A   209.1086 shares     11,969     8,609
  Van Kampen Aggressive Growth Fund Class A   45,249.8205 shares     1,451,316     1,005,904
  Fidelity Advisor Growth and Income Fund Class T   13,742.9671 shares     258,359     243,800
  Alger Balanced Portfolio Class A   13,000.2652 shares     277,179     260,265
  ML S&P 500 Index Fund Class A   46,657.2266 shares     833,291     754,914
  Munder Netnet Fund Class A   1.9875 shares     72     69
  Van Kampen Emerging Growth Class A   319.0046 shares     26,421     20,027
  Alliance Premier Growth Class A   15,401.3498 shares     548,859     411,370
  Seligman Communications & Information Class A   333.1036 shares     8,671     8,428
  Calvert Social Investment Fund Equity Porfolio ClassA   2.0555 shares     66     65
  Pioneer Europe Fund Class A   0.6121 shares     19     19
  John Hancock Technology Fund Class A   3.6829 shares     33     32
  Alger Capital Appreciation Ret Portfolio Class A   67.4902 shares     1,130     1,045
  MFS Utilities Fund Class A   293.6966 shares     3,443     3,486
  Franklin Small Cap Grwoth Class A   2,149.1339 shares     97,862     84,525
  Davis New York Venture Fund Class A   1,779.6793 shares     53,298     51,148
  ING Pilgrim Worldwide Growth Class A   4,532.9771 shares     123,890     104,984
  ING Pilgrim International Value Fund Class A   3,220.4483 shares     51,372     49,112
  ML Global Allocation Fund Class D   1,309.5362 shares     18,472     17,155
  ML Healthcare Fund Class D   727.4289 shares     5,012     4,976
       
 
Total mutual funds         3,855,683     3,117,765

Common stock:
 
 
 
 
 
 
 
 
  * Interactive Intelligence   1,929.4613 shares     61,296     46,548

Money market accounts:
 
 
 
 
 
 
 
 
  ML Retirement Reserves Money Fund   110,915.6100 shares     110,916     110,916

Participant loans
 
Interest rate range 10% to 10.5%
 
 
—
 
 
48,000
       
 
        $ 4,027,895   $ 3,323,229
       
 
*
Indicates party-in-interest to the Plan.


SIGNATURES

    The Plan.  Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

  INTERACTIVE INTELLIGENCE, INC. 401(K)
SAVINGS PLAN

 
By: Interactive Intelligence, Inc. Administrative Committee

Date: June 29, 2001
 

 
/s/ BARBARA J. CLAASSEN   
Barbara J. Claassen, Member

 
 

 
/s/ JOHN R. GIBBS   
John R. Gibbs, Member

 
 

 
/s/ DEBRA L. JONES   
Debra L. Jones, Member

 
 

 
/s/ MICHAEL J. TAVLIN   
Michael J. Tavlin, Member


QuickLinks

REQUIRED INFORMATION
Interactive Intelligence, Inc. 401(k) Savings Plan Statements of Net Assets Available for Benefits
Interactive Intelligence, Inc.401(k) Savings Plan Statement of Changes in Net Assets Available for Benefits Year ended December 31, 2000
Interactive Intelligence, Inc. 401(k) Savings Plan Notes to Financial Statements December 31, 2000
Interactive Intelligence ,Inc. 401(k) Savings Plan Schedule H, Line 4i—Schedule of Assets (Held At End of Year) December 31, 2000
SIGNATURES