2023 Form 5500 filing — Sparton Corporation 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 20250430121923NAL0002812448001) for Sparton Corporation 401(K) Plan, reported by Sparton Corporation under EIN 38-1054690 and plan number 002. It reports 2,052 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)$43.6MReported net assets$43,633,727
Participants2.1K2,052
Provider compensation$41.4K1 Schedule C row(s)$41,378
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250430121923NAL0002812448001
Plan sponsor
Sparton Corporation
EIN
38-1054690
Plan number
002
Location
De Leon Spgs, FL
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)$43.6M total assets
Net assets$43.6MLiabilities$0
Money in vs. money out
Total income / additions$12M
Total expenses$9.8M
Benefits paid / distributions$9.6M
Contributions
Employer$2.1M
Participant$1.1M
Full reported line items
Total assets (EOY)
$43,633,727
Total liabilities (EOY)
$0
Net assets (EOY)
$43,633,727
Employer contributions
$2,095,389
Participant contributions
$1,058,521
Total income / additions
$12,014,406
Benefits paid
$9,631,001
Administrative expenses
$133,855
Total expenses
$9,810,138
Net increase / (decrease)
$2,204,268

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$41,378$0

Related Form 5500 pages