2023 Form 5500 filing — Skyspecs 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 20241014111622NAL0026015457001) for Skyspecs 401(K) Plan, reported by Skyspecs, Inc. under EIN 45-4982494 and plan number 001. It reports 162 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$4.5MReported net assets$4,487,079
Participants162
Provider compensation$24.9K3 Schedule C row(s)$24,910
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014111622NAL0026015457001
- Plan sponsor
- Skyspecs, Inc.
- EIN
- 45-4982494
- Plan number
- 001
- Location
- Ann Arbor, MI
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$4.5M total assets
Net assets$4.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $4,487,079
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,487,079
- Employer contributions
- $676,140
- Participant contributions
- $1,523,447
- Total income / additions
- $2,918,137
- Benefits paid
- $265,752
- Administrative expenses
- $24,910
- Total expenses
- $300,140
- Net increase / (decrease)
- $2,617,997
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $14,113 | not reported in the loaded dataset |
| Sigma Financial Corp. | ADVISOR | $10,580 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $217 | not reported in the loaded dataset |