Sypris Solutions 401(K) Merged Retirement Savings Plan — Form 5500 plan (Sypris Solutions, 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, Sypris Solutions 401(K) Merged Retirement Savings Plan is a benefit plan reported by Sypris Solutions, Inc. under EIN 61-1321992 and plan number 001. The latest loaded filing year is 2023. The filing reports 627 participants and $69,678,264 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sypris Solutions, Inc.
EIN
61-1321992
Plan number
001
Plan type
2
Location
Louisville, KY
Latest filing year
2023
Participants
627
End-of-year plan assets
$69,678,264

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023627H, C20240903045632NAL0038378498001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$69,678,264
Total liabilities (EOY)
$0
Net assets (EOY)
$69,678,264
Net assets (BOY)
$59,873,908

Income & contributions

Employer contributions
$483,573
Participant contributions
$1,654,230
Total contributions
$2,526,184
Total income / additions
$14,248,054

Expenses & distributions

Benefits paid
$4,305,899
Administrative expenses
$137,799
Total expenses
$4,443,698
Net increase / (decrease)
$9,804,356

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Hr AdvocatesNONE$86,436not reported in the loaded dataset2023
Stearns Weaver Miller Weissler AlhaNONE$32,563not reported in the loaded dataset2023
Mcm Cpas & Advisors LlpNONE$18,800not reported in the loaded dataset2023
Empower Financial Services, IncNONE$190$02023

Related Form 5500 pages