2023 Form 5500 filing — The Sparc Group LLC 401(K) Investment And 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 20241015115249NAL0055884034001) for The Sparc Group LLC 401(K) Investment And Savings Plan, reported by Sparc Group LLC under EIN 81-3795831 and plan number 001. It reports 9,771 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015115249NAL0055884034001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sparc Group LLC
- EIN
- 81-3795831
- Plan number
- 001
- Location
- Lyndhurst, NJ
- Participants
- 9,771
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $293,979,855
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $293,979,855
- Employer contributions
- $4,881,516
- Participant contributions
- $25,904,656
- Total income / additions
- $81,943,777
- Benefits paid
- $27,120,063
- Administrative expenses
- $518,447
- Total expenses
- $27,762,852
- Net increase / (decrease)
- $54,180,925
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $501,945 | $0 |
| Fiondella, Milone & Lasaracina Llp | OTHER FEES | $16,500 | $0 |