Sps North America Inc. 401k Plan — Form 5500 plan (Sps North America Inc.)

Plain-English plan 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, Sps North America Inc. 401k Plan is a benefit plan reported by Sps North America Inc. under EIN 13-3670421 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,768 participants and $36,832,617 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$36.8MPlan net assets, end of year$36,832,617
Participants2.8KCovered participants reported2,768
Assets / participant$13.3KComputed: assets ÷ participants$13,307 (computed)
Provider compensation$469.4K3 Schedule C provider row(s)$469,445
Plan sponsor
Sps North America Inc.
EIN
13-3670421
Plan number
002
Plan type
2
Location
New York, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,768H, C20241015125003NAL0047984816001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$36.8M total assets
Net assets$36.8MLiabilities$0
Money in vs. money out
Total income / additions$13M
Total expenses$4.3M
Benefits paid / distributions$3.9M
Contributions
Employer$2.2M
Participant$4.8M
Full reported line items

Net assets

Total assets (EOY)
$36,832,617
Total liabilities (EOY)
$0
Net assets (EOY)
$36,832,617
Net assets (BOY)
$28,182,970

Income & contributions

Employer contributions
$2,198,149
Participant contributions
$4,756,630
Total contributions
$7,741,476
Total income / additions
$12,989,011

Expenses & distributions

Benefits paid
$3,908,349
Administrative expenses
$431,015
Total expenses
$4,339,364
Net increase / (decrease)
$8,649,647

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Orenda Retirement, LLCCONTRACT ADMINISTRATOR$184,633$38,3222023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$185,143$02023
Merrill Lynch Pierce Fenner & SmithCONSULTANT$61,239$1082023

Related Form 5500 pages