Sunvera Group, LLC 401(K) Savings Plan — Form 5500 plan (Sunvera Group, LLC)

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, Sunvera Group, LLC 401(K) Savings Plan is a benefit plan reported by Sunvera Group, LLC under EIN 83-0665141 and plan number 001. The latest loaded filing year is 2023. The filing reports 366 participants and $12,239,925 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sunvera Group, LLC
EIN
83-0665141
Plan number
001
Plan type
2
Location
Bingham Farms, MI
Latest filing year
2023
Participants
366
End-of-year plan assets
$12,239,925

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023366H, C20241015163038NAL0029112385001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,239,925
Total liabilities (EOY)
$0
Net assets (EOY)
$12,239,925
Net assets (BOY)
$6,557,969

Income & contributions

Employer contributions
$803,834
Participant contributions
$1,755,260
Total contributions
$6,046,318
Total income / additions
$7,125,312

Expenses & distributions

Benefits paid
$1,403,845
Administrative expenses
$15,314
Total expenses
$1,443,356
Net increase / (decrease)
$5,681,956

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John HancockRECORDKEEPER/BOOKKEEPER$9,759$02023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$1,180$02023

Related Form 5500 pages