Plan Snapshot
- Plan Sponsor: Ifs North America, INC.
- Sponsor EIN: 391292200
- Sponsor Address: 300 PARK BOULEVARD #350, ITASCA, IL, 60143
- Plan Type: 401(k)
- Total Participants: 721
- Total Assets: $195.6M
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
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 721 | $195.6M | $2.9M | $9.7M |
| 2023 | 428 | $118.6M | $1.5M | $5.7M |
| 2022 | 401 | $85.7M | $1.7M | $5.4M |
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 |
|---|---|---|---|---|
| SIKICH CPA LLP | Auditor | $47,070 | — | $47,070 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,070
- Estimated Expense Ratio: 0.024% 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 | $197,333 | $40,000 | — | $47,070 | — |
| 2023 | $242,830 | $50,000 | $176,498 | $16,332 | — |
| 2022 | $179,462 | $13,000 | $149,858 | — | $15,668 |