Plan Snapshot
- Plan Sponsor: The Interpublic Group Of Companies, INC.
- Sponsor EIN: 131024020
- Sponsor Address: 909 THIRD AVE 24TH FLOOR, NEW YORK, NY, 10022
- Plan Type: 401(k)
- Total Participants: 21,182
- Total Assets: $4.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 21,182 | $4.1B | $67.4M | $201.5M |
| 2023 | 23,640 | $3.7B | $70.6M | $205.8M |
| 2022 | 24,739 | $3.1B | $67.3M | $197.4M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $1,939,663 | — | $1,939,663 |
| ALLSPRING GLOBAL INVESTMENTS | Other Service Provider | $1,030,324 | $51,442 | $1,081,766 |
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $829,391 | — | $829,391 |
| JP MORGAN INVESTMENT MANAGEMENT | Recordkeeper | $201,620 | — | $201,620 |
| EMPOWER FINANCIAL SERVICES | Other Service Provider | $11,429 | — | $11,429 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN INVESTMENT MANAGEMENT — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,063,869
- Estimated Expense Ratio: 0.100% 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 | $4,418,458 | $3,629,728 | — | — | — |
| 2023 | $3,900,332 | $3,102,928 | — | — | — |
| 2022 | $3,787,356 | $2,997,393 | $768,050 | — | $3,300 |