2023 Form 5500 filing — Sypris Solutions 401(K) Merged Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240903045632NAL0038378498001) for Sypris Solutions 401(K) Merged Retirement Savings Plan, reported by Sypris Solutions, Inc. under EIN 61-1321992 and plan number 001. It reports 627 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240903045632NAL0038378498001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sypris Solutions, Inc.
- EIN
- 61-1321992
- Plan number
- 001
- Location
- Louisville, KY
- Participants
- 627
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $69,678,264
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $69,678,264
- Employer contributions
- $483,573
- Participant contributions
- $1,654,230
- Total income / additions
- $14,248,054
- Benefits paid
- $4,305,899
- Administrative expenses
- $137,799
- Total expenses
- $4,443,698
- Net increase / (decrease)
- $9,804,356
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hr Advocates | NONE | $86,436 | not reported in the loaded dataset |
| Stearns Weaver Miller Weissler Alha | NONE | $32,563 | not reported in the loaded dataset |
| Mcm Cpas & Advisors Llp | NONE | $18,800 | not reported in the loaded dataset |
| Empower Financial Services, Inc | NONE | $190 | $0 |