Innovation Group North America 401(k) match, vesting and fees
What Innovation Group North America's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Sikich Cpa LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,836 defined-contribution plans in transportation and warehousing with 100 to 499 participants.
| Innovation Group North America: employer contribution per participant | $1,554 | |
| Peer median | $1,076 |
| Innovation Group North America: average balance | $51,587 | |
| Peer median | $31,804 |
| Innovation Group North America: admin expenses ÷ assets | 0.09% | |
| Peer median | 0.46% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $5.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 167 | $5.4M | $163K | $1,554 | 0.09% | Not published | Form 5500 ↗ |
Common questions
Does Innovation Group North America match 401(k) contributions?
The match terms for the The Innovation Group 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $163K in employer contributions, about $1,554 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Innovation Group North America 401(k) match vested?
The vesting schedule for the The Innovation Group 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Innovation Group North America 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Innovation Group North America, Inc..
I left Innovation Group North America. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Innovation Group North America, Inc., (630) 917-6398) or the recordkeeper, Fidelity Investments Institutional. The Innovation Group North America old 401(k) page lists the contacts from every plan filing. Find an old Innovation Group North America 401(k)
Data from the public Form 5500 annual reports Innovation Group North America filed with the U.S. Department of Labor (plan years 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Innovation Group North America. Not financial advice. Report a correction · Methodology