Sparboe Farms, Inc. 401(K) Plan — Form 5500 plan (Sparboe Farms, Inc.)
Plain-English plan 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, Sparboe Farms, Inc. 401(K) Plan is a benefit plan reported by Sparboe Farms, Inc. under EIN 41-1226123 and plan number 002. The latest loaded filing year is 2023. The filing reports 319 participants and $10,941,052 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sparboe Farms, Inc.
- EIN
- 41-1226123
- Plan number
- 002
- Plan type
- 2
- Location
- Litchfield, MN
- Latest filing year
- 2023
- Participants
- 319
- End-of-year plan assets
- $10,941,052
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 319 | H, C | 20241002112947NAL0014232544001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,941,052
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,941,052
- Net assets (BOY)
- $9,913,810
Income & contributions
- Employer contributions
- $133,289
- Participant contributions
- $557,137
- Total contributions
- $693,938
- Total income / additions
- $2,220,095
Expenses & distributions
- Benefits paid
- $1,113,210
- Administrative expenses
- $69,470
- Total expenses
- $1,192,853
- Net increase / (decrease)
- $1,027,242
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $39,498 | $0 | 2023 |
| Christensen Group Financial LLC | INVESTMENT ADVISOR | $20,000 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $9,972 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sparboe Farms, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Litchfield, MN
- Empower Annuity Insurance Company O — Schedule C compensation
- Christensen Group Financial LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation