IFS SAVINGS AND RETIREMENT PLAN

At the end of 2022, the total retirement plan assets of IFS SAVINGS AND RETIREMENT PLAN is $4,307,550.This plan was established in 1992.

At the end of 2022, the total number of retirement plan participants in IFS SAVINGS AND RETIREMENT PLAN is 215

In 2022, the average participant retirement account value for IFS SAVINGS AND RETIREMENT PLAN is $20,035

In 2022, the estimated average employee contribution amount per participant for IFS SAVINGS AND RETIREMENT PLAN is $693

In 2022, the estimated average employer match for an employee in IFS SAVINGS AND RETIREMENT PLAN is approximately $265

In 2022, IFS SAVINGS AND RETIREMENT PLAN allocates $57,051 to match its employees’ contributions, providing an employer match rate of 38.10% of their contributions

In 2022, the total retirement plan asset growth rate of IFS SAVINGS AND RETIREMENT PLAN is -7.69%

In 2022, the estimated aggregate retirement account investment gain/loss for IFS SAVINGS AND RETIREMENT PLAN is -6.63%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of IFS SAVINGS AND RETIREMENT PLAN is 0.15%.

Enrollment Features

IFS SAVINGS AND RETIREMENT 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.