401(k) · DOL Form 5500 · 2023

Spruce Environmental Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
126
Participants Small participant base
58th
Percentile by assets National rank
$76,782
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Spruce 401(k) Plan · Sponsored by Spruce Environmental Technologies, Inc. · Massachusetts · Manufacturing

$10M in assets, 126 participants

Spruce Environmental Technologies, Inc.'s Spruce 401(k) Plan reported $10M in total assets and 126 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #8,212 in Manufacturing (18,722 peers)

Coverage in Massachusetts

Spruce 401(k) Plan covers 126 participants in Massachusetts, about 19% of the average Massachusetts filer (state average ~659 per filing). Assets: $10M.

#8,212
in Manufacturing (18,722 peers)
+20.5%
assets growth YoY

Spruce 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Spruce 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,674,480 Top 42% higher than 58% of 127,068 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 2023

Spruce 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spruce 401(k) Plan sits mid-pack in the medium band (126 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spruce 401(k) Plan reported net income rose from -$820K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Spruce 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Spruce 401(k) Plan reported participants fell from 136 in the plan year 2022 filing to 126 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 043064382 · Spruce Environmental Technologies, Inc. PY 2023 · 401(k)

Spruce 401(k) Plan · $10M · 126 · 58th

  • EIN $10M
  • EIN 126
  • EIN 58th
  • EIN 401(k)
  • EIN near Rappahannock Westminster-Canterbury Retirement Plan
  • EIN ind #8212

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 Manufacturing retirement plans → · Plans in Massachusetts →

Spruce 401(k) Plan in the asset neighbourhood

Futura Corporation Savings PlanFutura Corporation Savings P…$10MPrelude Services 401(k) Retirement PlanPrelude Services 401(k) Reti…$10MSpruce 401(k) Plan$10MRappahannock Westminster-Canterbury Retirement PlanRappahannock Westminster-Can…$10MSgs Engineering, LLC 401(k) Profit Sharing PlanSgs Engineering, LLC 401(k) …$10M
End-of-year total assets ($M) among Spruce 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$2M
Employer EIN043064382
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spruce Environmental Technologies, Inc.)

Sponsor-wide plan assets over time

All Spruce Environmental Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 36.34102941674621% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $8.03M $11M ▲ +36.4%
Year Plans Participants Total Assets
2022 1 136 $8M
2023 1 126 $10M
2024 1 137 $11M

Nearby 401(k) Plans in Massachusetts

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

Spruce 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Spruce 401(k) Plan, Total assets ($B): 0.00967448 · Participants: 126Spruce 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Spruce 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Spruce 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Rappahannock Westminster-Canterbury Retirement Plan in VA ($10M); by covered participants it is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (126 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Spruce 401(k) Plan assets move in 2023?
Spruce 401(k) Plan grew sharply - up 20.5% during 2023, from $8M to $10M. Reported net income was $2M.
How have Spruce Environmental Technologies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Spruce Environmental Technologies, Inc.'s sponsor-wide assets grew 36.3%, from $8M to $11M.
Which 401(k) plans are similar in size to Spruce 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Rappahannock Westminster-Canterbury Retirement Plan in VA ($10M, 257 participants).
Which 401(k) plans cover a similar participant headcount to Spruce 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Land Clearing Specialist Inc 401(k) Profit Sharing Plan & Trust in PA (126 participants, $4M in assets).