401(k) · DOL Form 5500 · 2022

Ifp Motion Solutions 401(k) Plan

Data updated 2026-08-11

$29M
Total assets
144
Participants
82nd
Percentile by assets
$199,686
Avg per participant
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Official DOL plan name: The Ifp Group of Companies Profit Sharing 401(k) Plan · Sponsored by Ifp Motion Solutions · Iowa · Wholesale Trade

$29M in assets, 144 participants

Ifp Motion Solutions's The Ifp Group of Companies Profit Sharing 401(k) Plan reported $29M in total assets and 144 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 82nd percentile by assets (of 139,126 plans)
  • #5,598 in Wholesale Trade (6,843 peers)

Coverage in Iowa

The Ifp Group of Companies Profit Sharing 401(k) Plan covers 144 participants in Iowa, about 24% of the average Iowa filer (state average ~609 per filing). Assets: $29M.

$29M
total plan assets (2022 EOY)
144
covered participants
82nd
percentile by assets (of 139,126 plans)
$199,686
avg assets per participant
State
Industry

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. The Ifp Group of Companies Profit Sharing 401(k) Plan reports 144 participants - about 24% of that state average ($29M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$29M
Net Income$5M
Employer EIN421000175
Plan Effective Date1976-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ifp Motion Solutions)

$20M$30M$40M$50M 202220232024 $28.8M $46.8M â–˛ +62.9%
Total plan assets by year, all Ifp Motion Solutions plans on file
Year Plans Participants Total Assets
2022 1 144 $29M
2023 1 148 $38M
2024 1 154 $47M

Nearby 401(k) Plans in Iowa

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Ifp Group of Companies Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

The Ifp Group of Companies Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants The Ifp Group of Com…The Principal Select…Iowa Health System S…The Hy-Vee and Affil…The Rsm US LLP Retir…Transamerica 401(k) …
The Ifp Group of Companies Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Ifp Group of Companies Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did The Ifp Group of Companies Profit Sharing 401(k) Plan assets move in 2022?
The Ifp Group of Companies Profit Sharing 401(k) Plan grew sharply - up 22.8% during 2022, from $23M to $29M. Reported net income was $5M.
How have Ifp Motion Solutions plan assets changed over time?
Across 3 plan years on file (2022-2024), Ifp Motion Solutions's sponsor-wide assets grew 62.8%, from $29M to $47M.
Where does The Ifp Group of Companies Profit Sharing 401(k) Plan rank by assets among Form 5500 filers?
The Ifp Group of Companies Profit Sharing 401(k) Plan ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Ifp Group of Companies Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Elm Electrical, Inc. 401(k) Plan in MA ($29M, 172 participants).

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Filing takeaways

Ways to act on The Ifp Group of Companies Profit Sharing 401(k) Plan's numbers.