2023 Form 5500 filing — Sparboe Farms, Inc. 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241002112947NAL0014232544001) for Sparboe Farms, Inc. 401(K) Plan, reported by Sparboe Farms, Inc. under EIN 41-1226123 and plan number 002. It reports 319 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$10.9MReported net assets$10,941,052
Participants319
Provider compensation$69.5K3 Schedule C row(s)$69,470
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241002112947NAL0014232544001
- Plan sponsor
- Sparboe Farms, Inc.
- EIN
- 41-1226123
- Plan number
- 002
- Location
- Litchfield, MN
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$10.9M total assets
Net assets$10.9MLiabilities$0
Full reported line items
- Total assets (EOY)
- $10,941,052
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,941,052
- Employer contributions
- $133,289
- Participant contributions
- $557,137
- Total income / additions
- $2,220,095
- Benefits paid
- $1,113,210
- Administrative expenses
- $69,470
- Total expenses
- $1,192,853
- Net increase / (decrease)
- $1,027,242
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $39,498 | $0 |
| Christensen Group Financial LLC | INVESTMENT ADVISOR | $20,000 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $9,972 | not reported in the loaded dataset |