The Sparc Group LLC 401(K) Investment And Savings Plan — Form 5500 plan (Sparc Group LLC)

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 Sparc Group LLC 401(K) Investment And Savings Plan is a benefit plan reported by Sparc Group LLC under EIN 81-3795831 and plan number 001. The latest loaded filing year is 2023. The filing reports 9,771 participants and $293,979,855 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sparc Group LLC
EIN
81-3795831
Plan number
001
Plan type
2
Location
Lyndhurst, NJ
Latest filing year
2023
Participants
9,771
End-of-year plan assets
$293,979,855

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20239,771H, C20241015115249NAL0055884034001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$293,979,855
Total liabilities (EOY)
$0
Net assets (EOY)
$293,979,855
Net assets (BOY)
$232,461,881

Income & contributions

Employer contributions
$4,881,516
Participant contributions
$25,904,656
Total contributions
$35,023,174
Total income / additions
$81,943,777

Expenses & distributions

Benefits paid
$27,120,063
Administrative expenses
$518,447
Total expenses
$27,762,852
Net increase / (decrease)
$54,180,925

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$501,945$02023
Fiondella, Milone & Lasaracina LlpOTHER FEES$16,500$02023

Related Form 5500 pages