2023 Form 5500 filing — Sunvera Group, LLC 401(K) 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 20241015163038NAL0029112385001) for Sunvera Group, LLC 401(K) Savings Plan, reported by Sunvera Group, LLC under EIN 83-0665141 and plan number 001. It reports 366 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015163038NAL0029112385001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Sunvera Group, LLC
- EIN
- 83-0665141
- Plan number
- 001
- Location
- Bingham Farms, MI
- Participants
- 366
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,239,925
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,239,925
- Employer contributions
- $803,834
- Participant contributions
- $1,755,260
- Total income / additions
- $7,125,312
- Benefits paid
- $1,403,845
- Administrative expenses
- $15,314
- Total expenses
- $1,443,356
- Net increase / (decrease)
- $5,681,956
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | RECORDKEEPER/BOOKKEEPER | $9,759 | $0 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $1,180 | $0 |