Spartanburg Steel Products, Inc. Retirement Plan For Salaried Employees — Form 5500 plan (Spartanburg Steel Products, 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, Spartanburg Steel Products, Inc. Retirement Plan For Salaried Employees is a benefit plan reported by Spartanburg Steel Products, Inc. under EIN 31-1039895 and plan number 001. The latest loaded filing year is 2023. The filing reports 197 participants and $11,551,470 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11.6MPlan net assets, end of year$11,551,470
Participants197Covered participants reported
Assets / participant$58.6KComputed: assets ÷ participants$58,637 (computed)
Provider compensation$32.4K1 Schedule C provider row(s)$32,386
Plan sponsor
Spartanburg Steel Products, Inc.
EIN
31-1039895
Plan number
001
Plan type
2
Location
Spartanburg, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023197H, C20250815101420NAL0010416993001
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)$11.6M total assets
Net assets$11.6MLiabilities$0
Money in vs. money out
Total income / additions$2.4M
Total expenses$758.9K
Benefits paid / distributions$719.3K
Contributions
Employer$364.6K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$11,551,470
Total liabilities (EOY)
$0
Net assets (EOY)
$11,551,470
Net assets (BOY)
$9,886,304

Income & contributions

Employer contributions
$364,553
Total contributions
$364,553
Total income / additions
$2,424,092

Expenses & distributions

Benefits paid
$719,293
Administrative expenses
$39,633
Total expenses
$758,926
Net increase / (decrease)
$1,665,166

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capfinancial Partners LLCINVESTMENT MANAGEMENT$32,386not reported in the loaded dataset2023

Related Form 5500 pages