Plan Ledger DOL Form 5500 · updated monthly

Sparrow Capital Partners, LLC401(k)

SPARROW PARTNERS 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Sparrow Capital Partners, LLC reported $54,679 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,009 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 0.61% to 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Texas (3,599th of 5,688), and 1,336th of 2,096 in real estate & leasing. In 2024, employees put in $3.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,065,487
Participants with balances296
Active participants237
Employer contributions$476,159
Employee contributions$1,494,981
Employer contribution per active participant$2,009
Average account balance$23,870
Benefits paid to participants$1,267,692
Plan auditUnmodified (clean) audit opinion
AuditorRYAN & MANN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 296 accts · $476K emplr
2023$5.4M · 360 accts · $495K emplr
2022$2.9M · 253 accts · $418K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,679
Audit (IQPA)$18,000
Total administrative$54,679
The Sparrow Capital Partners, LLC 401(k) match · 2024
Employer contribution per active participant$2,009
Median for plans this size$1,313
2024$2,009 per active participant
2023$1,813 per active participant
2022$1,778 per active participant

Sparrow Capital Partners, 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
RYAN & MANN LLC · Accounting / audit$18,000

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$54,679 · 0.88%
2023$44,204 · 1.06%
2022$16,285 · 0.61%
Same employer
Similar plansReal Estate & Leasing · Texas
Worldwide Machinery LTD TX$7.7M · 0.03%
Gh III Management, LLC TX$7.5M · 0.10%
Coury Hospitality, LLC TX$7.3M · 0.76%
National Hme, Inc. TX$7.0M · 0.87%
Katapult Group, Inc. TX$6.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821681055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.