401(k) · DOL Form 5500 · 2024

The Ideal Group, Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
364
Participants Below avg headcount
79th
Percentile by assets National rank
$90,993
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: 401(k) Savings Plan of the Ideal Group of Companies · Sponsored by The Ideal Group, Inc. · Michigan · Manufacturing

$33M in assets, 364 participants

The Ideal Group, Inc.'s 401(k) Savings Plan of the Ideal Group of Companies reported $33M in total assets and 364 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #12,564 in Manufacturing (17,777 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, $33M for 364 participants (~$90,993/participant), up 27.6% in 2024.

#12,564
in Manufacturing (17,777 peers)
+27.6%
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 2024 · DOL Form 5500

$33,121,396 Top 21% higher than 79% of 123,620 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 2024

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

Plan-year 2024 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 (364 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 401(k) Savings Plan of the Ideal Group of Companies end-of-year assets rose from $26M in the plan year 2023 filing to $33M in the plan year 2024 filing.
  • 401(k) Savings Plan of the Ideal Group of Companies reported net income rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • 401(k) Savings Plan of the Ideal Group of Companies reported participants fell from 384 in the plan year 2023 filing to 364 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 383517635 · The Ideal Group, Inc. PY 2024 · 401(k)

401(k) Savings Plan of the Ideal Group of Companies · $33M · 364 · 79th

  • SCH $33M
  • SCH 364
  • SCH 79th
  • SCH 401(k)
  • SCH near Prince Lobel Tye LLP 401(k) Plan
  • SCH ind #12564

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

401(k) Savings Plan of the Ideal Group of Companies401(k) Savings Plan of the I…$33MPrince Lobel Tye LLP 401(k) PlanPrince Lobel Tye LLP 401(k) …$33MErbe USA, Incorporated 401(k) PlanErbe USA, Incorporated 401(k…$33MAlpha Source LLC 401(k) Plan$33MAvepoint, Inc. 401(k) Savings PlanAvepoint, Inc. 401(k) Saving…$33M
End-of-year total assets ($M) among 401(k) Savings Plan of the Ideal Group of Companies and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$33M
Net Income$7M
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 -100102030 Total assets ($B) Participants 401(k) Savings Plan of the Ideal Group of Companies, Total assets ($B): 0.033121396 · Participants: 364401(k) Savings Plan of the Ideal Group of CompaniesGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford 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 Prince Lobel Tye LLP 401(k) Plan in MA ($33M); by covered participants it is Pennsylvania Transformer Technology, Inc. 401(k) Retirement Plan in PA (364 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33M here).

Similar participant headcount

Nearest other-state filings by covered participants (364 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
401(k) Savings Plan of the Ideal Group of Companies grew sharply - up 27.6% during 2024, from $26M to $33M. Reported net income was $7M.
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 79th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Prince Lobel Tye LLP 401(k) Plan in MA ($33M, 129 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 Pennsylvania Transformer Technology, Inc. 401(k) Retirement Plan in PA (364 participants, N/A in assets).