IFS NORTH AMERICA 401(K) PLAN

At the end of 2022, the total retirement plan assets of IFS NORTH AMERICA 401(K) PLAN is $85,665,501.This plan was established in 1989.

At the end of 2022, the total number of retirement plan participants in IFS NORTH AMERICA 401(K) PLAN is 519

In 2022, the average participant retirement account value for IFS NORTH AMERICA 401(K) PLAN is $165,058

In 2022, the estimated average employee contribution amount per participant for IFS NORTH AMERICA 401(K) PLAN is $10,395

In 2022, the estimated average employer match for an employee in IFS NORTH AMERICA 401(K) PLAN is approximately $3,309

In 2022, IFS NORTH AMERICA 401(K) PLAN allocates $1,717,424 to match its employees’ contributions, providing an employer match rate of 31.93% of their contributions

In 2022, the total retirement plan asset growth rate of IFS NORTH AMERICA 401(K) PLAN is -16.82%

In 2022, the estimated aggregate retirement account investment gain/loss for IFS NORTH AMERICA 401(K) PLAN is -17.08%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IFS NORTH AMERICA 401(K) PLAN is 0.21%.

Enrollment Features

IFS NORTH AMERICA 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.