401(k) · DOL Form 5500 · 2023

Spar Group, Inc 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
3,625
Participants Above avg headcount
58th
Percentile by assets National rank
$2,644
Avg per participant Low balance/head
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Official DOL plan name: Spar Group, Inc 401(k) Profit Sharing Plan · Sponsored by Spar Group, Inc · Michigan · Professional & Technical Services

$10M in assets, 3,625 participants

Spar Group, Inc's Spar Group, Inc 401(k) Profit Sharing Plan reported $10M in total assets and 3,625 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.

  • #11,405 in Professional & Technical Services (20,321 peers)

Coverage in Michigan

Spar Group, Inc 401(k) Profit Sharing Plan covers 3,625 participants in Michigan, 5.7x the typical Michigan plan (state average ~638 per filing). Assets: $10M.

#11,405
in Professional & Technical Services (20,321 peers)
+23.7%
assets growth YoY

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 2023 · DOL Form 5500

$9,583,811 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

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

Plan-year 2023 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 (3,625 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spar Group, Inc 401(k) Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $798K in the plan year 2023 filing.
  • Spar Group, Inc 401(k) Profit Sharing Plan reported participants rose from 2,190 in the plan year 2022 filing to 3,625 in the plan year 2023 filing.
  • Spar Group, Inc 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 330684451 · Spar Group, Inc PY 2023 · 401(k)

Spar Group, Inc 401(k) Profit Sharing Plan · $10M · 3,625 · 58th

  • VS-ST $10M
  • BOY 3,625
  • SCH 58th
  • EBSA 401(k)
  • PART near Pageflex, Inc. 401(k) Plan
  • TYPE ind #11405

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…$10MPageflex, Inc. 401(k) Plan$10MSpicer Rudstrom PLLC 401(k) PlanSpicer Rudstrom PLLC 401(k) …$10MPine Belt Enterprises Retirement PlanPine Belt Enterprises Retire…$10MRock Solid Technologies, Inc. Retirement Plan for Employees of Rock Solid Technologies, Inc.Rock Solid Technologies, Inc…$10M
End-of-year total assets ($M) among Spar Group, Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$798K
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. 020000400006000080000 -50510152025 Total assets ($B) Participants Spar Group, Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.009583811 · Participants: 3625Spar Group, Inc 401(k) Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The 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): 7.617084451 · Participants: 59195Ford 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
Compare Spar Group, Inc 401(k) Profit Sharing Plan side-by-side with 3 peers →

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 Pageflex, Inc. 401(k) Plan in MA ($10M); by covered participants it is Tbc Retail 401(k) Plan in FL (3,625 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,625 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 Spar Group, Inc 401(k) Profit Sharing Plan assets move in 2023? ▼
Spar Group, Inc 401(k) Profit Sharing Plan grew sharply - up 23.7% during 2023, from $8M to $10M. Reported net income was $798K.
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 Pageflex, Inc. 401(k) Plan in MA ($10M, 28 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 Tbc Retail 401(k) Plan in FL (3,625 participants, $30M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 330684451.

Read our methodology - how this data is sourced, computed, and verified.

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