401(k) · DOL Form 5500 · 2024

Spar Group, Inc 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
2,862
Participants Above avg headcount
57th
Percentile by assets National rank
$3,663
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 · North Carolina · Professional & Technical Services

$10M in assets, 2,862 participants

Spar Group, Inc's Spar Group, Inc 401(k) Profit Sharing Plan reported $10M in total assets and 2,862 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #11,102 in Professional & Technical Services (20,173 peers)

Coverage in North Carolina

Spar Group, Inc 401(k) Profit Sharing Plan covers 2,862 participants in North Carolina, 3.5x the typical North Carolina plan (state average ~819 per filing). Assets: $10M.

#11,102
in Professional & Technical Services (20,173 peers)
+9.4%
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 2024 · DOL Form 5500

$10,484,182 Top 43% higher than 57% of 123,620 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 2024

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

Plan-year 2024 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 (2,862 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spar Group, Inc 401(k) Profit Sharing Plan reported participants fell from 3,625 in the plan year 2023 filing to 2,862 in the plan year 2024 filing.
  • Spar Group, Inc 401(k) Profit Sharing Plan reported net income rose from $798K in the plan year 2023 filing to $904K in the plan year 2024 filing.
  • Spar Group, Inc 401(k) Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 330684451 · Spar Group, Inc PY 2024 · 401(k)

Spar Group, Inc 401(k) Profit Sharing Plan · $10M · 2,862 · 57th

  • EIN $10M
  • EIN 2,862
  • EIN 57th
  • EIN 401(k)
  • EIN near Uncas International, LLC 401(k) Plan
  • EIN ind #11102

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 North Carolina →

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

Eden Foods, Inc. Retirement Savings PlanEden Foods, Inc. Retirement …$10MSpar Group, Inc 401(k) Profit Sharing PlanSpar Group, Inc 401(k) Profi…$10MUncas International, LLC 401(k) PlanUncas International, LLC 401…$10MHughes & Coleman LLC 401(k) PlanHughes & Coleman LLC 401(k) …$10MTha Consulting, 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 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income$904K
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 North Carolina

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 North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Spar Group, Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.010484182 · Participants: 2862Spar Group, Inc 401(k) Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Spar Group, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, 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 North Carolina, the nearest 401(k) by assets is Uncas International, LLC 401(k) Plan in RI ($10M); by covered participants it is Fernandez Holdings, Inc. 401(k) Plan in CA (2,862 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,862 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Spar Group, Inc 401(k) Profit Sharing Plan grew at a solid clip - up 9.4% during 2024, from $10M to $10M. Reported net income was $904K.
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 Uncas International, LLC 401(k) Plan in RI ($10M, 73 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 Fernandez Holdings, Inc. 401(k) Plan in CA (2,862 participants, $121M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.