# Iba Usa, INC. 401(k) Plan
Source: https://planprovider.pro/companies/iba-usa-inc-401k-plan

> Iba Usa, INC.'s 401(k) plan: 340 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Iba Usa, INC.

- **Sponsor EIN:** 901072480

- **Sponsor Address:** 470 SPRING PARK PLACE, HERNDON, VA, 20170

- **Plan Type:** 401(k)

- **Total Participants:** 340

- **Total Assets:** $35.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|340|$35.9M|$1.3M|$2.9M|

| 2023|315|$27.2M|$799,829|$2.4M|

| 2022|311|$20.9M|$670,430|$2.1M|

## 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|

| NFP RETIREMENT INC|NONE|$62,467|—|$62,467|

| SCHWAB RETIREMENT PLAN SERVICES,INC|NONE|$45,951|—|$45,951|

| HOZIK&COMPANY,PLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [NFP RETIREMENT INC](https://planprovider.pro/provider/accelerate-retirement) — NONE

- [SCHWAB RETIREMENT PLAN SERVICES,INC](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [HOZIK&COMPANY,PLC](https://planprovider.pro/provider/hozik-and-company-plc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $108,418

- **Estimated Expense Ratio:** 0.302% 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|$104,467|$65,375|—|—|—|

| 2023|$94,244|$55,493|—|—|—|

| 2022|$32,238|—|—|—|—|

## Similar Plans

- [Strongwell Corporation](https://planprovider.pro/companies/strongwell-corporation-401k-plan) — 328 participants

- [Qubicaamf Worldwide, LLC](https://planprovider.pro/companies/qubicaamf-worldwide-llc-401k-plan) — 466 participants

- [Swisslog Logistics, INC](https://planprovider.pro/companies/swisslog-logistics-inc-401k-plan) — 483 participants

- [Bwxt Investment Company](https://planprovider.pro/companies/bwxt-investment-company-plan-001) — 1,708 participants

- [Titan America LLC](https://planprovider.pro/companies/titan-america-llc-401k-plan) — 2,741 participants

- [Leonardo Drs, INC.](https://planprovider.pro/companies/leonardo-drs-inc-401k-plan) — 6,516 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/iba-usa-inc-401k-plan)

© 2026 PlanProvider.Pro