2023 Form 5500 filing — Spar Group, Inc 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 20251015140116NAL0004757937001) for Spar Group, Inc 401(K) Profit Sharing Plan, reported by Spar Group, Inc under EIN 33-0684451 and plan number 001. It reports 3,635 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)$9.6MReported net assets$9,580,678
Participants3.6K3,635
Provider compensation$114.8K4 Schedule C row(s)$114,774
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20251015140116NAL0004757937001
Plan sponsor
Spar Group, Inc
EIN
33-0684451
Plan number
001
Location
Auburn Hills, MI
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)$9.6M total assets
Net assets$9.6MLiabilities$3.1K
Money in vs. money out
Total income / additions$2.1M
Total expenses$1.3M
Benefits paid / distributions$1.2M
Contributions
Employer$74.9K
Participant$975K
Full reported line items
Total assets (EOY)
$9,583,811
Total liabilities (EOY)
$3,133
Net assets (EOY)
$9,580,678
Employer contributions
$74,907
Participant contributions
$975,044
Total income / additions
$2,088,074
Benefits paid
$1,168,896
Administrative expenses
$104,945
Total expenses
$1,289,967
Net increase / (decrease)
$798,107

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$59,393$0
Orenda Retirement LLCCONTRACT ADMINISTRATOR$25,001$1,625
Sentinel Pension Advisors IncINVESTMENT ADVISORY$20,298$93
Side By Side Financials IncCONTRACT ADMINISTRATOR$0$8,364

Related Form 5500 pages