Sparc Philadelphia401(k)
403(B) THRIFT PLAN OF SPARC PHILADELPHIA · PHILADELPHIA, PA · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Sparc Philadelphia reported $836 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $300 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio rose from 0.05% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans. By assets it is among the smaller plans on file in Pennsylvania (3,226th of 3,651). In 2023, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has grown from 291 to 331 since 2022.
Sparc Philadelphia's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 264277598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.