Plan Ledger DOL Form 5500 · updated monthly

Sparkhound, LLC401(k)

SPARKHOUND, LLC 401(K) PROFIT SHARING PLAN AND TRUST · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Sparkhound, LLC reported $49,634 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,377 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 0.47% to 0.67%. 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 Louisiana (513th of 884), and 8,806th of 11,654 in professional & technical services. In 2024, employees put in $3.60 for every $1.00 the employer contributed; active participation has shrunk from 154 to 116 since 2022.

Plan summary
Net assets, end of year$7,656,514
Participants with balances185
Active participants116
Employer contributions$159,689
Employee contributions$574,424
Employer contribution per active participant$1,377
Average account balance$41,387
Benefits paid to participants$1,365,013
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 185 accts · $160K emplr
2023$7.3M · 158 accts · $170K emplr
2022$6.6M · 182 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,759
Total administrative$49,634
The Sparkhound, LLC 401(k) match · 2024
Employer contribution per active participant$1,377
Median for plans this size$1,313
2024$1,377 per active participant
2023$1,259 per active participant
2022$686 per active participant

Sparkhound, LLC'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
GALLAGHER BENEFIT SERVICES, INC · Consulting · Investment advisory (plan)$21,875

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

Administrative cost history3
2024$49,634 · 0.67%
2023$30,543 · 0.44%
2022$36,314 · 0.47%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Linear Controls, Inc. LA$9.5M · 0.43%
Synergy Care, Inc. LA$8.8M · 0.65%
U.S. Computer Corporation LA$6.1M · 0.13%
Global Data Systems, Inc LA$5.6M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721418443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.