IFG COMPANIES 401(K) PLAN

At the end of 2022, the total retirement plan assets of IFG COMPANIES 401(K) PLAN is $28,239,860.This plan was established in 1999.

At the end of 2022, the total number of retirement plan participants in IFG COMPANIES 401(K) PLAN is 353

In 2022, the average participant retirement account value for IFG COMPANIES 401(K) PLAN is $79,999

In 2022, the estimated average employee contribution amount per participant for IFG COMPANIES 401(K) PLAN is $7,161

In 2022, the estimated average employer match for an employee in IFG COMPANIES 401(K) PLAN is approximately $1,923

In 2022, IFG COMPANIES 401(K) PLAN allocates $678,822 to match its employees’ contributions, providing an employer match rate of 27.20% of their contributions

In 2022, the total retirement plan asset growth rate of IFG COMPANIES 401(K) PLAN is -14.80%

In 2022, the estimated aggregate retirement account investment gain/loss for IFG COMPANIES 401(K) PLAN is -17.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IFG COMPANIES 401(K) PLAN is 0.03%.

Enrollment Features

IFG COMPANIES 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.