Plan Ledger DOL Form 5500 · updated monthly

Spark Community Investment Compa401(k)

SPARK COMMUNITY INVESTMENT COMPANY 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
1.07%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Spark Community Investment Compa reported $39,017 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,658 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 1 year on file its reported administrative ratio rose from 0.20% to 1.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in District of Columbia (536th of 618), and 10,099th of 11,654 in professional & technical services. In 2024, employees put in $4.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,178,443
Participants with balances181
Active participants139
Employer contributions$230,480
Employee contributions$940,580
Employer contribution per active participant$1,658
Average account balance$23,085
Benefits paid to participants$700,005
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.2M · 181 accts · $230K emplr
2023$3.1M · 196 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,469
Investment management$16,548
Total administrative$39,017
The Spark Community Investment Compa 401(k) match · 2024
Employer contribution per active participant$1,658
Median for plans this size$1,313

Spark Community Investment Compa's 2024 employer contribution ran above the $1,313 median for plans its size. 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$22,469
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$16,547

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, RESOURCES INVESTMENT ADVISORS, INC.
2023ADP

This plan has changed recordkeepers within these filings. If you left Spark Community Investment Compa before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$39,017 · 1.07%
2023$6,147 · 0.20%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Interfolio, Inc. DC$5.0M · 0.74%
Borger Management Inc DC$4.8M · 0.09%
Arlo Solutions LLC DC$3.9M · 0.34%
Dupont Veterinary Clinic DC$3.0M · 0.68%
Tactis, LLC DC$2.8M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464201204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.