Iacna Retirement Savings Program — Form 5500 plan (International Automotive Components Group North America)
Plain-English plan 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, Iacna Retirement Savings Program is a benefit plan reported by International Automotive Components Group North America under EIN 20-8306510 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,191 participants and $177,891,880 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$177.9MPlan net assets, end of year$177,891,880
Participants1.2KCovered participants reported1,191
Assets / participant$149.4KComputed: assets ÷ participants$149,363 (computed)
Provider compensation$227.6K3 Schedule C provider row(s)$227,604
- Plan sponsor
- International Automotive Components Group North America
- EIN
- 20-8306510
- Plan number
- 001
- Plan type
- 2
- Location
- Southfield, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,191 | H, C | 20241014095509NAL0025866065001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$177.9M total assets
Net assets$177.9MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $177,891,880
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $177,891,880
- Net assets (BOY)
- $157,560,865
Income & contributions
- Employer contributions
- $1,694,668
- Participant contributions
- $5,970,467
- Total contributions
- $8,557,456
- Total income / additions
- $37,882,055
Expenses & distributions
- Benefits paid
- $17,398,084
- Administrative expenses
- $227,604
- Total expenses
- $17,625,688
- Net increase / (decrease)
- $20,256,367
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
22%78%
Employer 22%Participant 78%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income46%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson | CONSULTANT | $97,500 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $69,550 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $60,554 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for International Automotive Components Group North America
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Southfield, MI
- Willis Towers Watson — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation