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, 401(K) Savings Plan Of The Ideal Group Of Companies is a benefit plan reported by The Ideal Group, Inc. under EIN 38-3517635 and plan number 001. The latest loaded filing year is 2023. The filing reports 442 participants and $25,953,418 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,953,418
- Net assets (EOY)
- $25,953,418
- Net assets (BOY)
- $19,945,928
Income & contributions
- Employer contributions
- $833,275
- Participant contributions
- $1,964,754
- Total contributions
- $2,839,156
- Total income / additions
- $6,565,664
Expenses & distributions
- Benefits paid
- $465,054
- Administrative expenses
- $93,120
- Total expenses
- $558,174
- Net increase / (decrease)
- $6,007,490