2023 Form 5500 filing — Spencer Industries, Inc. Employee 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 20241010191919NAL0021667361001) for Spencer Industries, Inc. Employee Retirement Savings Plan, reported by Spencer Industries, Inc. under EIN 35-1504846 and plan number 002. It reports 280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010191919NAL0021667361001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Spencer Industries, Inc.
- EIN
- 35-1504846
- Plan number
- 002
- Location
- Dale, IN
- Participants
- 280
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,806,232
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,806,232
- Employer contributions
- $540,774
- Participant contributions
- $740,014
- Total income / additions
- $3,991,521
- Benefits paid
- $1,311,988
- Administrative expenses
- $81,974
- Total expenses
- $1,393,962
- Net increase / (decrease)
- $2,597,559
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | RECORDKEEPER | $45,263 | $0 |
| Pnc Asset Management | ADVISOR | $24,845 | not reported in the loaded dataset |
| Forvis Mazars, Llp | AUDITOR | $11,865 | not reported in the loaded dataset |
| Sentry Life Insurance Company | RECORDKEEPER | $0 | $0 |