Plan Snapshot
- Plan Sponsor: Ikea North America Services, LLC
- Sponsor EIN: 233005722
- Sponsor Address: 420 ALAN WOOD ROAD, CONSHOHOCKEN, PA, 19428
- Plan Type: 401(k)
- Total Participants: 16,565
- Total Assets: $1.1B
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 | 16,565 | $1.1B | $34.1M | $48.4M |
| 2023 | 15,068 | $803.9M | $29.7M | $47.2M |
| 2022 | 16,647 | $653.0M | $28.3M | $44.4M |
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 |
|---|---|---|---|---|
| CBIZ CPAS | Auditor | $59,850 | — | $59,850 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,850
- Estimated Expense Ratio: 0.006% 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 | $1,063,891 | $115,000 | $600 | $59,850 | — |
| 2023 | $387,956 | $75,000 | $300 | $54,600 | — |
| 2022 | $283,233 | — | — | — | — |