Plan Snapshot
- Plan Sponsor: Spark Community Investment Compa
- Sponsor EIN: 464201204
- Sponsor Address: 1808 ADAMS MILL RD NW, WASHINGTON, DC, 20009
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 139 | $4.1M | $223,047 | $916,103 |
| 2023 | 143 | $3.1M | $0 | $307,225 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $22,469 | — | $22,469 |
| RESOURCES INVESTMENT ADVISORS, INC. | Recordkeeper | $16,547 | — | $16,547 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- RESOURCES INVESTMENT ADVISORS, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,016
- Estimated Expense Ratio: 0.941% of plan assets
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 | $39,017 | $16,548 | — | — | — |
| 2023 | $6,147 | — | — | — | — |