401(k)
2022 plan-year 401(k) DOL Form 5500

Sparrow & Kennedy Tractor Co Inc Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Sparrow & Kennedy Tractor Co Inc Β· South Carolina Β· Retail Trade

What the 2023 filing shows

Sparrow & Kennedy Tractor Co Inc Retirement Plan holds $9M for 132 participants - about $68,616 per participant, down 5.0% over the 2022 plan year.

$9M
total plan assets (2022 EOY)
132
covered participants
$68,616
avg assets per participant
-5.0%
assets change YoY

The plan reported a net loss of $481K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$9M
Participants
132
Industry
Retail Trade

What the Filing Says About Sparrow & Kennedy Tractor Co Inc Retirement Plan

Sparrow & Kennedy Tractor Co Inc Retirement Plan is a 401(k) retirement plan sponsored by Sparrow & Kennedy Tractor Co Inc, headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 132 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 201376173, and the plan has been effective since 1990-06-26. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $9M at year-end β€” a decline of 5.0%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-480,658 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-480,658
Plan Type401(k)
Employer EIN201376173
Plan Effective Date1990-06-26
Filing StatusFILING RECEIVED

Sponsor Plan History (Sparrow & Kennedy Tractor Co Inc)

Year Plans Participants Total Assets
2022 1 132 $9M
2023 1 132 $10M
2024 1 123 $11M

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Sparrow & Kennedy Tractor Co Inc Retirement Plan?
As of the 2022 Form 5500 filing, Sparrow & Kennedy Tractor Co Inc Retirement Plan holds $9M in total assets with 132 participants. It is sponsored by Sparrow & Kennedy Tractor Co Inc.
What type of plan is Sparrow & Kennedy Tractor Co Inc Retirement Plan?
Sparrow & Kennedy Tractor Co Inc Retirement Plan is a 401(k) plan. It has been effective since 1990-06-26. The plan is filed with the U.S. Department of Labor under EIN 201376173.
Who sponsors the Sparrow & Kennedy Tractor Co Inc Retirement Plan?
Sparrow & Kennedy Tractor Co Inc Retirement Plan is sponsored by Sparrow & Kennedy Tractor Co Inc, located in South Carolina. The sponsor's EIN is 201376173 and the plan operates in the Retail Trade industry.
How did Sparrow & Kennedy Tractor Co Inc Retirement Plan perform in 2022?
Sparrow & Kennedy Tractor Co Inc Retirement Plan declined by 5.0% during 2022, moving from $10M to $9M in total assets. Net income was $-480,658.
Where can I find official filings for Sparrow & Kennedy Tractor Co Inc Retirement Plan?
Official Form 5500 filings for Sparrow & Kennedy Tractor Co Inc Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 201376173 or plan name at efast.dol.gov.
How does Sparrow & Kennedy Tractor Co Inc Retirement Plan compare to other plans?
You can compare Sparrow & Kennedy Tractor Co Inc Retirement Plan against other 401(k) plans on the plan type page, or view plans in South Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 201376173.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.