Plan Snapshot
- Plan Sponsor: Sparrow Health System Pension Master Trust
- Sponsor EIN: 832121212
- Sponsor Address: 1215 EAST MICHIGAN AVENUE, LANSING, MI, 489121811
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $714.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $714.6M | $0 | $0 |
| 2023 | 0 | $688.5M | $0 | $0 |
| 2022 | 0 | $675.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| SEI INVESTMENTS | Investment Advisor | $2,802,780 | — | $2,802,780 |
| MERCER (U.S.) INC | Actuary | $1,057,394 | — | $1,057,394 |
| THE BANK OF NEW YORK MELLON CORP | Custodian / Trustee | $232,527 | — | $232,527 |
| ANDREWS HOOPER PAVLIK PLC | Auditor | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER (U.S.) INC — Actuary
- ANDREWS HOOPER PAVLIK PLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,102,701
- Estimated Expense Ratio: 0.574% 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 | $8,002,067 | — | — | — | — |
| 2023 | $8,328,461 | — | — | — | — |
| 2022 | $8,715,407 | — | — | — | $4,081,829 |