Plan Snapshot
- Plan Sponsor: Ifl Group INC
- Sponsor EIN: 382076297
- Sponsor Address: 6860 S SERVICE DR, WATERFORD, MI, 483271652
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $13.6M
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 | 179 | $13.6M | $131,931 | $1.0M |
| 2023 | 81 | $11.1M | $79,396 | $820,013 |
| 2022 | 155 | $10.1M | $84,371 | $688,343 |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $55,954 | — | $19,876 | — | — |
| 2023 | $45,769 | $19,914 | — | — | — |
| 2022 | $39,967 | $31,928 | $8,039 | — | — |