The Shyft Group Retirement Plan — Form 5500 plan (The Shyft Group, 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, The Shyft Group Retirement Plan is a benefit plan reported by The Shyft Group, Inc. under EIN 38-2078923 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,622 participants and $92,123,523 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Shyft Group, Inc.
- EIN
- 38-2078923
- Plan number
- 001
- Plan type
- 2
- Location
- Novi, MI
- Latest filing year
- 2023
- Participants
- 4,622
- End-of-year plan assets
- $92,123,523
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,622 | H, C | 20241015142424NAL0048382928001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $92,123,523
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $92,123,523
- Net assets (BOY)
- $77,414,687
Income & contributions
- Employer contributions
- $2,816,670
- Participant contributions
- $9,929,893
- Total contributions
- $14,630,238
- Total income / additions
- $27,806,624
Expenses & distributions
- Benefits paid
- $12,930,607
- Administrative expenses
- $164,357
- Total expenses
- $13,097,788
- Net increase / (decrease)
- $14,708,836
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $57,927 | $0 | 2023 |
| Morgan Stanley Graystone Consultin | INVESTMENT ADVISOR | $43,750 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $33,017 | not reported in the loaded dataset | 2023 |
| Rsm Us Llp | ACCOUNTANT | $29,663 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Shyft Group, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Novi, MI
- Fidelity Investments Institutional — Schedule C compensation
- Morgan Stanley Graystone Consultin — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Rsm Us Llp — Schedule C compensation