Plan Snapshot
- Plan Sponsor: Ips Group, INC.
- Sponsor EIN: 233028164
- Sponsor Address: 7737 KENAMAR COURT, SAN DIEGO, CA, 92121
- Plan Type: 401(k)
- Total Participants: 174
- Total Assets: $4.1M
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 | 174 | $4.1M | $280,892 | $829,390 |
| 2023 | 194 | $3.0M | $278,157 | $697,041 |
| 2022 | 197 | $1.8M | $227,236 | $588,070 |
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 |
|---|---|---|---|---|
| PKF, SAN DIEGO, LLP | Auditor | — | — | $0 |
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 | $44,865 | $7,094 | — | — | — |
| 2023 | $19,279 | $3,369 | — | — | — |
| 2022 | $13,032 | $1,921 | $11,111 | — | — |