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

Sp Industries, Inc. 401(k) Plan

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

Sponsored by Sp Industries, Inc. ยท Pennsylvania ยท Wholesale Trade

What the 2023 filing shows

Sp Industries, Inc. 401(k) Plan holds N/A for 567 participants.

N/A
total plan assets (2022 EOY)
567
covered participants
$-9,554,958
reported net income

The plan reported a net loss of $10M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
N/A
Participants
567
State
Industry
Wholesale Trade

What the Filing Says About Sp Industries, Inc. 401(k) Plan

Sp Industries, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Sp Industries, Inc., headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 567 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 223479662, and the plan has been effective since 1982-11-16. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $55M at the beginning of 2022 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-9,554,958 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.

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 โ€” 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)$55M
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Net Income$-9,554,958
Plan Type401(k)
Employer EIN223479662
Plan Effective Date1982-11-16
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the Sp Industries, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Sp Industries, Inc. 401(k) Plan holds N/A in total assets with 567 participants. It is sponsored by Sp Industries, Inc..
What type of plan is Sp Industries, Inc. 401(k) Plan?
Sp Industries, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1982-11-16. The plan is filed with the U.S. Department of Labor under EIN 223479662.
Who sponsors the Sp Industries, Inc. 401(k) Plan?
Sp Industries, Inc. 401(k) Plan is sponsored by Sp Industries, Inc., located in Pennsylvania. The sponsor's EIN is 223479662 and the plan operates in the Wholesale Trade industry.
How did Sp Industries, Inc. 401(k) Plan perform in 2022?
Sp Industries, Inc. 401(k) Plan held N/A in total assets at the end of 2022. Net income was $-9,554,958.
Where can I find official filings for Sp Industries, Inc. 401(k) Plan?
Official Form 5500 filings for Sp Industries, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 223479662 or plan name at efast.dol.gov.
How does Sp Industries, Inc. 401(k) Plan compare to other plans?
You can compare Sp Industries, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania 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) โ€” original filing retrieval by EIN 223479662.

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

Reference: IRS Publication 590-B โ€” 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.