Spark Members Pooled 401(K) Retirement Plan — Form 5500 plan (Plan Compliance Services, 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, Spark Members Pooled 401(K) Retirement Plan is a benefit plan reported by Plan Compliance Services, Inc. under EIN 59-3708427 and plan number 007. The latest loaded filing year is 2023. The filing reports 133 participants and $1,220,855 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.2MPlan net assets, end of year$1,220,855
Participants133Covered participants reported
Assets / participant$9.2KComputed: assets ÷ participants$9,179 (computed)
Provider compensation$7.9K1 Schedule C provider row(s)$7,935
Plan sponsor
Plan Compliance Services, Inc.
EIN
59-3708427
Plan number
007
Plan type
3
Location
Clearwater, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023133H, C20241015120519NAL0028321665001
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)$1.2M total assets
Net assets$1.2MLiabilities$0
Money in vs. money out
Total income / additions$589.3K
Total expenses$106.8K
Benefits paid / distributions$89.6K
Contributions
Employer$184.6K
Participant$271.2K
Full reported line items

Net assets

Total assets (EOY)
$1,220,855
Total liabilities (EOY)
$0
Net assets (EOY)
$1,220,855
Net assets (BOY)
$738,326

Income & contributions

Employer contributions
$184,611
Participant contributions
$271,212
Total contributions
$455,823
Total income / additions
$589,299

Expenses & distributions

Benefits paid
$89,622
Administrative expenses
$17,148
Total expenses
$106,770
Net increase / (decrease)
$482,529
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 41%Participant 59%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
NwpsTHIRD PARTY ADMINISTRATO$7,935not reported in the loaded dataset2023

Related Form 5500 pages