2023 Form 5500 filing — Ifs North America 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241217151320NAL0002669681001) for Ifs North America 401(K) Plan, reported by Ifs North America, Inc. under EIN 39-1292200 and plan number 001. It reports 565 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241217151320NAL0002669681001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ifs North America, Inc.
- EIN
- 39-1292200
- Plan number
- 001
- Location
- Itasca, IL
- Participants
- 565
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $118,639,267
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $118,639,267
- Employer contributions
- $1,539,777
- Participant contributions
- $5,746,196
- Total income / additions
- $43,635,901
- Benefits paid
- $10,407,998
- Administrative expenses
- $242,830
- Total expenses
- $10,662,135
- Net increase / (decrease)
- $32,973,766
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $129,500 | $0 |
| Gallagher Benefit Services Inc Dba | INVESTMENT ADVISOR | $60,000 | not reported in the loaded dataset |
| Sikich Llp | NONE | $16,332 | not reported in the loaded dataset |