2023 Form 5500 filing — Spero Financial Federal Credit Union 401(K)/Profit Sharing 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 20241007152437NAL0026551312001) for Spero Financial Federal Credit Union 401(K)/Profit Sharing Plan, reported by Spero Financial Federal Credit Union under EIN 57-0310635 and plan number 003. It reports 208 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)$19.8MReported net assets$19,835,982
Participants208
Provider compensation$75.6K3 Schedule C row(s)$75,571
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241007152437NAL0026551312001
Plan sponsor
Spero Financial Federal Credit Union
EIN
57-0310635
Plan number
003
Location
Greenville, SC
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$19.8M total assets
Net assets$19.8MLiabilities$0
Money in vs. money out
Total income / additions$4.6M
Total expenses$760.9K
Benefits paid / distributions$702K
Contributions
Employer$829.7K
Participant$882.1K
Full reported line items
Total assets (EOY)
$19,835,982
Total liabilities (EOY)
$0
Net assets (EOY)
$19,835,982
Employer contributions
$829,739
Participant contributions
$882,071
Total income / additions
$4,601,721
Benefits paid
$701,988
Administrative expenses
$58,865
Total expenses
$760,853
Net increase / (decrease)
$3,840,868
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    ADVISOR FEES · Direct $41K
  2. 2
    N/A · Direct $15.8K · Indirect $16.7K
  3. 3
    TPA FEES · Direct $2K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241007152437NAL0026551312001 cover?
It is the 2023 Form 5500 filing for Spero Financial Federal Credit Union 401(K)/Profit Sharing Plan, reported by Spero Financial Federal Credit Union (EIN 57-0310635).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages