2023 Form 5500 filing — The Shyft Group Retirement 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 20241015142424NAL0048382928001) for The Shyft Group Retirement Plan, reported by The Shyft Group, Inc. under EIN 38-2078923 and plan number 001. It reports 4,622 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015142424NAL0048382928001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Shyft Group, Inc.
- EIN
- 38-2078923
- Plan number
- 001
- Location
- Novi, MI
- Participants
- 4,622
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $92,123,523
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $92,123,523
- Employer contributions
- $2,816,670
- Participant contributions
- $9,929,893
- Total income / additions
- $27,806,624
- Benefits paid
- $12,930,607
- Administrative expenses
- $164,357
- Total expenses
- $13,097,788
- Net increase / (decrease)
- $14,708,836
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $57,927 | $0 |
| Morgan Stanley Graystone Consultin | INVESTMENT ADVISOR | $43,750 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $33,017 | not reported in the loaded dataset |
| Rsm Us Llp | ACCOUNTANT | $29,663 | not reported in the loaded dataset |