401(k) · DOL Form 5500 · 2023

Ifp Motion Solutions 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
148
Participants Small participant base
82nd
Percentile by assets National rank
$257,324
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Ifp Group of Companies Profit Sharing 401(k) Plan · Sponsored by Ifp Motion Solutions · Iowa · Wholesale Trade

$38M in assets, 148 participants

Ifp Motion Solutions's The Ifp Group of Companies Profit Sharing 401(k) Plan reported $38M in total assets and 148 participants in its 2023 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.

  • #5,215 in Wholesale Trade (6,309 peers)

Coverage in Iowa

The Ifp Group of Companies Profit Sharing 401(k) Plan covers 148 participants in Iowa, about 24% of the average Iowa filer (state average ~609 per filing). Assets: $38M.

#5,215
in Wholesale Trade (6,309 peers)
+32.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Ifp Group of Companies Profit Sharing 401(k) Plan's outsized position by total assets

The Ifp Group of Companies Profit Sharing 401(k) Plan vs every filed plan by assets

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

$38,084,019 Top 18% higher than 82% 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

The Ifp Group of Companies Profit Sharing 401(k) Plan 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. The Ifp Group of Companies Profit Sharing 401(k) Plan sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Ifp Group of Companies Profit Sharing 401(k) Plan reported net income rose from $5M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • The Ifp Group of Companies Profit Sharing 401(k) Plan end-of-year assets rose from $29M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • The Ifp Group of Companies Profit Sharing 401(k) Plan reported participants rose from 144 in the plan year 2022 filing to 148 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 421000175 · Ifp Motion Solutions PY 2023 · 401(k)

The Ifp Group of Companies Profit Sharing 401(k) Plan · $38M · 148 · 82nd

  • IND $38M
  • EOY 148
  • 5500 82nd
  • ASSETS 401(k)
  • PCT near Monterey Mushrooms 401(k) Plan
  • EIN ind #5215

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 Wholesale Trade retirement plans → · Plans in Iowa →

The Ifp Group of Companies Profit Sharing 401(k) Plan in the asset neighbourhood

Monterey Mushrooms 401(k) PlanMonterey Mushrooms 401(k) Pl…$38MThe Ifp Group of Companies Profit Sharing 401(k) PlanThe Ifp Group of Companies P…$38MPurdue Federal Credit Union 401(k) Plan and TrustPurdue Federal Credit Union …$38MPenske Entertainment 401(k) PlanPenske Entertainment 401(k) …$38MSussex Im 401(k) Plan$38M
End-of-year total assets ($M) among The Ifp Group of Companies Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$38M
Net Income$9M
Employer EIN421000175
Plan Effective Date1976-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ifp Motion Solutions)

Sponsor-wide plan assets over time

All Ifp Motion Solutions plans reported in each filing year

Latest sponsor-wide plan assets
$47M 62.823879758217174% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $28.8M $46.8M ▲ +62.9%
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 Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants The Ifp Group of Companies Profit Sharing 401(k) Plan, Total assets ($B): 0.038084019 · Participants: 148The Ifp Group of Companies Profit Sharing 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
The Ifp Group of Companies Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare The Ifp Group of Companies Profit Sharing 401(k) Plan side-by-side with 3 peers →

The Ifp Group of Companies Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Monterey Mushrooms 401(k) Plan in CA ($38M); by covered participants it is Frontier Auto Sales 401(k) Plan in CA (148 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

Similar participant headcount

Nearest other-state filings by covered participants (148 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 The Ifp Group of Companies Profit Sharing 401(k) Plan assets move in 2023? ▼
The Ifp Group of Companies Profit Sharing 401(k) Plan surged - up 32.4% during 2023, from $29M to $38M. Reported net income was $9M.
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 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 The Ifp Group of Companies Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Monterey Mushrooms 401(k) Plan in CA ($38M, 1,455 participants).
Which 401(k) plans cover a similar participant headcount to The Ifp Group of Companies Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Frontier Auto Sales 401(k) Plan in CA (148 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421000175.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.