Ifp Motion Solutions 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Ifp Motion Solutions
  • Sponsor EIN: 421000175
  • Sponsor Address: 1610 BLAIRS FERRY RD NE, CEDAR RAPIDS, IA, 52402
  • Plan Type: 401(k)
  • Plan Number: 001
  • Total Participants: 154
  • Total Assets: $38.1M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: Yes
  • Participant Loans: Yes
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
2023154$38.1M$1.9M$1.6M
2022148$28.8M$1.7M$1.6M

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