Plan Ledger DOL Form 5500 · updated monthly

Sprout Social, Inc.401(k)

SPROUT SOCIAL RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Sprout Social, Inc. reported $142,311 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,132 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 0.21% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 507th-largest of 3,702 plans among Illinois employers on file, and the 1,343rd of 11,654 in professional & technical services. In 2024, employees put in $3.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$113,482,635
Participants with balances1,348
Active participants1,031
Employer contributions$4,260,212
Employee contributions$16,071,521
Employer contribution per active participant$4,132
Average account balance$84,186
Benefits paid to participants$6,340,267
Plan auditUnmodified (clean) audit opinion
AuditorWARADY & DAVIS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$113.5M · 1,348 accts · $4.3M emplr
2023$82.0M · 1,249 accts · $3.6M emplr
2022$53.5M · 1,198 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,311
Investment management$35,000
Total administrative$142,311
The Sprout Social, Inc. 401(k) match · 2024
Employer contribution per active participant$4,132
Median for plans this size$3,635
2024$4,132 per active participant
2023$3,416 per active participant
2022$3,028 per active participant

Sprout Social, Inc.'s 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$107,311
ROTHSCHILD INVESTMENT CORP · Investment advisory (plan)$35,000

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$142,311 · 0.15%
2023$108,963 · 0.16%
2022$109,062 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Illinois
Halo Branded Solutions, Inc. IL$131.4M · 0.21%
Simmons Hanly Conroy LLP IL$126.9M · 0.06%
Axiom Global Inc. IL$114.4M · 0.24%
Johnson & Bell, LTD. IL$109.9M · 0.15%
Iit Research Institute IL$107.6M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 272404165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.