401(k) · DOL Form 5500 · 2023

The Ideal Group, Inc. 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
384
Participants Below avg headcount
77th
Percentile by assets National rank
$67,587
Avg per participant Below avg balance/head
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Official DOL plan name: 401(k) Savings Plan of the Ideal Group of Companies · Sponsored by The Ideal Group, Inc. · Michigan · Manufacturing

$26M in assets, 384 participants

The Ideal Group, Inc.'s 401(k) Savings Plan of the Ideal Group of Companies reported $26M in total assets and 384 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #12,774 in Manufacturing (18,722 peers)

Where 401(k) Savings Plan of the Ideal Group of Companies sits by assets

401(k) Savings Plan of the Ideal Group of Companies sits in the top quartile of all filed plans by assets, $26M for 384 participants (~$67,587/participant), up 30.1% in 2023.

#12,774
in Manufacturing (18,722 peers)
+30.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

401(k) Savings Plan of the Ideal Group of Companies's outsized position by total assets

401(k) Savings Plan of the Ideal Group of Companies vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$25,953,418 Top 23% higher than 77% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

401(k) Savings Plan of the Ideal Group of Companies among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 401(k) Savings Plan of the Ideal Group of Companies sits mid-pack in the medium band (384 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 401(k) Savings Plan of the Ideal Group of Companies reported net income rose from -$3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • 401(k) Savings Plan of the Ideal Group of Companies end-of-year assets rose from $20M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • 401(k) Savings Plan of the Ideal Group of Companies reported participants rose from 329 in the plan year 2022 filing to 384 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 383517635 · The Ideal Group, Inc. PY 2023 · 401(k)

401(k) Savings Plan of the Ideal Group of Companies · $26M · 384 · 77th

  • IND $26M
  • IND 384
  • IND 77th
  • IND 401(k)
  • IND near Stats Chippac, Inc. 401(k) Plan and Trust
  • IND ind #12774

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Michigan →

401(k) Savings Plan of the Ideal Group of Companies in the asset neighbourhood

Koki Holdings America Ltd. Profit Sharing and 401(k) PlanKoki Holdings America Ltd. P…$26M401(k) Savings Plan of the Ideal Group of Companies401(k) Savings Plan of the I…$26MStats Chippac, Inc. 401(k) Plan and TrustStats Chippac, Inc. 401(k) P…$26MSr Technologies, Inc. 401(k) PlanSr Technologies, Inc. 401(k)…$26MSmith Industries, Inc. 401(k) PlanSmith Industries, Inc. 401(k…$26M
End-of-year total assets ($M) among 401(k) Savings Plan of the Ideal Group of Companies and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$26M
Net Income$6M
Employer EIN383517635
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Ideal Group, Inc.)

Sponsor-wide plan assets over time

All The Ideal Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$33M 66.05592880912836% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $20M $33.1M ▲ +66.0%
Year Plans Participants Total Assets
2022 1 329 $20M
2023 1 384 $26M
2024 1 364 $33M

Nearby 401(k) Plans in Michigan

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

401(k) Savings Plan of the Ideal Group of Companies vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants 401(k) Savings Plan of the Ideal Group of Companies, Total assets ($B): 0.025953418 · Participants: 384401(k) Savings Plan of the Ideal Group of CompaniesGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
401(k) Savings Plan of the Ideal Group of Companies vs. nearby 401(k) plans in Michigan, assets vs. participants

401(k) Savings Plan of the Ideal Group of Companies's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Stats Chippac, Inc. 401(k) Plan and Trust in CA ($26M); by covered participants it is Spectrum Construction LLC 401(k) Profit Plan & Trust in NV (384 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (384 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did 401(k) Savings Plan of the Ideal Group of Companies assets move in 2023?
401(k) Savings Plan of the Ideal Group of Companies surged - up 30.1% during 2023, from $20M to $26M. Reported net income was $6M.
How have The Ideal Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Ideal Group, Inc.'s sponsor-wide assets grew 66.1%, from $20M to $33M.
Where does 401(k) Savings Plan of the Ideal Group of Companies rank by assets among Form 5500 filers?
401(k) Savings Plan of the Ideal Group of Companies ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to 401(k) Savings Plan of the Ideal Group of Companies?
Among 401(k) plans in other states, the closest by assets is Stats Chippac, Inc. 401(k) Plan and Trust in CA ($26M, 46 participants).
Which 401(k) plans cover a similar participant headcount to 401(k) Savings Plan of the Ideal Group of Companies?
Among 401(k) plans in other states, the closest by covered participants is Spectrum Construction LLC 401(k) Profit Plan & Trust in NV (384 participants, $51K in assets).