Plan Snapshot
- Plan Sponsor: Spero Health, INC.
- Sponsor EIN: 320548053
- Sponsor Address: 155 FRANKLIN RD SUITE 430, BRENTWOOD, TN, 370279504
- Plan Type: 401(k)
- Total Participants: 363
- Total Assets: $10.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 363 | $10.4M | $577,949 | $979,999 |
| 2023 | 359 | $8.5M | $601,902 | $1.1M |
| 2022 | 383 | $6.1M | $642,100 | $1.1M |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — 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 | $10,702 | — | $9,852 | — | — |
| 2023 | $21,500 | — | $21,500 | — | — |
| 2022 | $19,514 | — | $19,514 | — | — |