2023 Form 5500 filing — Sparboe Farms, Inc. 401(K) 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 20241002112947NAL0014232544001) for Sparboe Farms, Inc. 401(K) Plan, reported by Sparboe Farms, Inc. under EIN 41-1226123 and plan number 002. It reports 319 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002112947NAL0014232544001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sparboe Farms, Inc.
- EIN
- 41-1226123
- Plan number
- 002
- Location
- Litchfield, MN
- Participants
- 319
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,941,052
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,941,052
- Employer contributions
- $133,289
- Participant contributions
- $557,137
- Total income / additions
- $2,220,095
- Benefits paid
- $1,113,210
- Administrative expenses
- $69,470
- Total expenses
- $1,192,853
- Net increase / (decrease)
- $1,027,242
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $39,498 | $0 |
| Christensen Group Financial LLC | INVESTMENT ADVISOR | $20,000 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $9,972 | not reported in the loaded dataset |