Plan Snapshot
- Plan Sponsor: Spar Group, INC
- Sponsor EIN: 330684451
- Sponsor Address: 1910 OPDYKE COURT, AUBURN HILLS, MI, 48326
- Plan Type: 401(k)
- Total Participants: 4,703
- Total Assets: $10.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,703 | $10.4M | $11,246 | $1.1M |
| 2023 | 2,787 | $9.6M | $74,907 | $975,044 |
| 2022 | 3,609 | $7.7M | $74,908 | $709,042 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BDO USA, P.C | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $110,621 | $22,417 | $88,204 | — | — |
| 2023 | $104,945 | $20,551 | $84,394 | — | — |
| 2022 | $99,720 | $19,380 | $50,030 | — | $30,310 |