401(k) · DOL Form 5500 · 2022

Spar Group, Inc 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
2,190
Participants Above avg headcount
60th
Percentile by assets National rank
$3,538
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Spar Group, Inc 401(k) Profit Sharing Plan · Sponsored by Spar Group, Inc · Michigan · Professional & Technical Services

$8M in assets, 2,190 participants

Spar Group, Inc's Spar Group, Inc 401(k) Profit Sharing Plan reported $8M in total assets and 2,190 participants in its 2022 DOL Form 5500 filing, ranking in the 60th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #12,458 in Professional & Technical Services (21,562 peers)

Coverage in Michigan

Spar Group, Inc 401(k) Profit Sharing Plan covers 2,190 participants in Michigan, 3.4x the typical Michigan plan (state average ~638 per filing). Assets: $8M.

#12,458
in Professional & Technical Services (21,562 peers)
-11.5%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spar Group, Inc 401(k) Profit Sharing Plan's mid-pack asset rank among Professional & Technical Services and all filers

Spar Group, Inc 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$7,748,401 Top 40% higher than 60% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Spar Group, Inc 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spar Group, Inc 401(k) Profit Sharing Plan lands in the large band (2,190 participants).

EBSA filing schedule strip

Filing strip 330684451 · Spar Group, Inc PY 2022 · 401(k)

Spar Group, Inc 401(k) Profit Sharing Plan · $8M · 2,190 · 60th

  • EIN $8M
  • EIN 2,190
  • EIN 60th
  • EIN 401(k)
  • EIN near Absolutecare, LLC 401(k) Plan
  • EIN ind #12458

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Michigan →

Spar Group, Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Spar Group, Inc 401(k) Profit Sharing PlanSpar Group, Inc 401(k) Profi…$8MAbsolutecare, LLC 401(k) Plan$8MThe Mh Companies, Inc. 401(k) PlanThe Mh Companies, Inc. 401(k…$8MAnchorage Pediatric Group Profit Sharing Plan and TrustAnchorage Pediatric Group Pr…$8MMclane Group 401(k) Plan$8M
End-of-year total assets ($M) among Spar Group, Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN330684451
Plan Effective Date1983-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spar Group, Inc)

Sponsor-wide plan assets over time

All Spar Group, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$10M 35.3076847726389% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $7.75M $10.5M ▲ +35.2%
Year Plans Participants Total Assets
2022 1 2,190 $8M
2023 1 3,625 $10M
2024 1 2,862 $10M

Nearby 401(k) Plans in Michigan

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

Spar Group, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Spar Group, Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.007748401 · Participants: 2190Spar Group, Inc 401(k) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Spar Group, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Spar Group, Inc 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Absolutecare, LLC 401(k) Plan in MD ($8M); by covered participants it is Savings and Investment 401(k) Plan of White & Case LLP in NY (2,190 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,190 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Spar Group, Inc 401(k) Profit Sharing Plan assets move in 2022?
Spar Group, Inc 401(k) Profit Sharing Plan pulled back noticeably - down 11.5% during 2022, from $9M to $8M. Reported net income was -$1M.
How have Spar Group, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Spar Group, Inc's sponsor-wide assets grew 35.3%, from $8M to $10M.
Which 401(k) plans are similar in size to Spar Group, Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Absolutecare, LLC 401(k) Plan in MD ($8M, 293 participants).
Which 401(k) plans cover a similar participant headcount to Spar Group, Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Savings and Investment 401(k) Plan of White & Case LLP in NY (2,190 participants, $805M in assets).