Plan Ledger DOL Form 5500 · updated monthly

The Ifh Group, Inc.401(k)

THE IFH GROUP, INC. 401(K) PLAN · ROCK FALLS, IL · plan year 2024

Reported admin expense ratio · 2024
0.90%

The Ifh Group, Inc. reported $51,722 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.12% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,715th of 3,702), and 10,119th of 13,661 in manufacturing. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,091,455
Participants with balances0
Active participants0
Employer contributions$216,018
Employee contributions$449,755
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$276,017
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · $216K emplr
2023$4.3M · 306 accts · $221K emplr
2022$3.5M · 268 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,010
Investment management$15,712
Total administrative$51,722
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$13,426
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$2,286

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$51,722 · 0.90%
2023$43,952 · 1.12%
2022$40,794 · 1.12%
Same employer
Similar plansManufacturing · Illinois
J & M Plating, Inc. IL$7.2M · 0.48%
Midway Industries, Inc. IL$7.1M · 0.24%
Alcast Company IL$6.9M · 0.00%
F.C.L. Graphics, Inc. IL$6.9M · 0.57%
Mennie Machine Company IL$6.9M · 0.77%
Donson Machine Co., Inc. IL$6.9M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364216754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.