Iacna Hourly Employees Retirement Savings Plan — 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 Hourly Employees Retirement Savings Plan is a benefit plan reported by International Automotive Components Group North America under EIN 20-8306510 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,881 participants and $54,952,892 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$55MPlan net assets, end of year$54,952,892
Participants2.9KCovered participants reported2,881
Assets / participant$19.1KComputed: assets ÷ participants$19,074 (computed)
Provider compensation$164K3 Schedule C provider row(s)$163,973
- Plan sponsor
- International Automotive Components Group North America
- EIN
- 20-8306510
- Plan number
- 002
- Plan type
- 2
- Location
- Southfield, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,881 | H, C | 20241014094721NAL0013081395001 |
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)$55M total assets
Net assets$55MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $54,952,892
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $54,952,892
- Net assets (BOY)
- $51,323,834
Income & contributions
- Employer contributions
- $555,613
- Participant contributions
- $1,624,569
- Total contributions
- $2,220,290
- Total income / additions
- $11,301,339
Expenses & distributions
- Benefits paid
- $7,428,631
- Administrative expenses
- $163,973
- Total expenses
- $7,597,633
- Net increase / (decrease)
- $3,703,706
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.
25%75%
Employer 25%Participant 75%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income66%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $90,008 | $0 | 2023 |
| Willis Towers Watson | CONSULTANT | $45,000 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $28,965 | not reported in the loaded dataset | 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
- Fidelity Investments Institutional — Schedule C compensation
- Willis Towers Watson — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation