Plan Ledger DOL Form 5500 · updated monthly

Sparus Holdings, LLC401(k)

SPARUS HOLDINGS, LLC 401(K) PLAN AND TRUST. · PEACHTREE CORNERS, GA · plan year 2024

Reported admin expense ratio · 2024
1.19%

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

Sparus Holdings, LLC reported $62,971 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged -$0 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 0.12% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Georgia (1,555th of 2,160), and 1,356th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$5,798,354
Participants with balances1,097
Active participants1,003
Employer contributions-$30
Employee contributions$2,008,606
Employer contribution per active participant-$0
Average account balance$5,286
Benefits paid to participants$1,797,259
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.8M · 1,097 accts
2023$4.8M · 940 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,971
Total administrative$62,971
The Sparus Holdings, LLC 401(k) match · 2024
Employer contribution per active participant-$0
Median for plans this size$1,313

Sparus Holdings, LLC's 2024 employer contribution ran below the $1,313 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.

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 · 20241
ADP, INC. · Loan processing · Recordkeeping$62,970

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
2023ADP

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

Administrative cost history2
2024$62,971 · 1.19%
2023$5,551 · 0.12%
Similar plansAdministrative & Support Services · Georgia
Synergis GA$7.8M · 0.91%
Cortech, LLC GA$7.3M · 2.21%
Massgenics, Inc. GA$5.2M · 0.67%
Sawtst, LLC GA$4.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203690459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.