Plan Snapshot
- Plan Sponsor: Sparq Holdings, INC.
- Sponsor EIN: 201612379
- Sponsor Address: 15500 SE 30TH PLACE, SUITE 103, BELLEVUE, WA, 98007
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 103 | $5.7M | $120,038 | $949,511 |
| 2023 | 690 | $41.1M | $1.9M | $5.9M |
| 2022 | 834 | $22.8M | $1.7M | $4.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VISSE & COMPANY CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VISSE & COMPANY CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $54,219 | — | $50,619 | — | — |
| 2023 | $190,075 | $51,994 | — | — | — |
| 2022 | $129,397 | — | $129,397 | — | — |