Plan Snapshot
- Plan Sponsor: International Automotive Components Group North America
- Sponsor EIN: 208306510
- Sponsor Address: 27777 FRANKLIN ROAD, SOUTHFIELD, MI, 48034
- Plan Type: DC
- Total Participants: 591
- Total Assets: $177.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 591 | $177.4M | $1.7M | $5.8M |
| 2023 | 647 | $177.9M | $1.7M | $6.0M |
| 2022 | 653 | $157.6M | $1.8M | $5.9M |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON | Other Service Provider | $97,500 | — | $97,500 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $74,961 | — | $74,961 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $45,204 | — | $45,204 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $217,665
- Estimated Expense Ratio: 0.123% 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 | $217,665 | $74,961 | — | — | — |
| 2023 | $227,604 | $69,550 | — | — | — |
| 2022 | $278,798 | $75,427 | — | — | — |