Plan Ledger DOL Form 5500 · updated monthly

Sparkcognition, Inc.401(k)

SPARKCOGNITION 401K PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Sparkcognition, Inc. reported $63,377 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $6,037 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 fell from 0.70% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,281st-largest of 5,688 plans among Texas employers on file, and 6,215th of 11,654 in professional & technical services. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has shrunk from 298 to 102 since 2022.

Plan summary
Net assets, end of year$16,604,243
Participants with balances278
Active participants102
Employer contributions$615,763
Employee contributions$1,818,161
Employer contribution per active participant$6,037
Average account balance$59,727
Benefits paid to participants$4,940,754
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 278 accts · $616K emplr
2023$15.7M · 387 accts · $1.1M emplr
2022$11.2M · 421 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,334
Investment management$34,043
Total administrative$63,377
The Sparkcognition, Inc. 401(k) match · 2024
Employer contribution per active participant$6,037
Median for plans this size$2,416
2024$6,037 per active participant
2023$5,758 per active participant
2022$4,159 per active participant

Sparkcognition, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

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
JOHN HANCOCK · Recordkeeping · Loan processing$29,796
ALLIANT INSURANCE SERVICES, INC.$33,580

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,377 · 0.39%
2023$67,033 · 0.50%
2022$70,460 · 0.70%
Same employer
Similar plansProfessional & Technical Services · Texas
M&S Engineering, LLC TX$16.6M · 0.17%
The Flippen Group, LLC TX$16.6M · 0.81%
Tanknology Inc. TX$16.6M · 0.56%
Critical Start, Inc. TX$16.3M · 0.15%
Decision Analyst, Inc. TX$16.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463054618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.