Plan Snapshot
- Plan Sponsor: Sparrow Capital Partners, LLC
- Sponsor EIN: 821681055
- Sponsor Address: 2500 BEE CAVES RD BLDG 1 STE 380, AUSTIN, TX, 78746
- Plan Type: 401(k)
- Total Participants: 237
- Total Assets: $7.1M
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 | 237 | $7.1M | $476,159 | $1.5M |
| 2023 | 273 | $5.4M | $494,888 | $1.3M |
| 2022 | 235 | $2.9M | $417,761 | $873,557 |
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 |
|---|---|---|---|---|
| RYAN & MANN LLC | Auditor | $18,000 | — | $18,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RYAN & MANN LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,000
- Estimated Expense Ratio: 0.255% 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 | $54,679 | — | — | $18,000 | — |
| 2023 | $44,204 | $20,625 | — | $5,500 | — |
| 2022 | $16,285 | $10,812 | $5,473 | — | — |