# Sprig Electric 401(k) Plan
Source: https://planprovider.pro/companies/sprig-electric-401k-plan

> Sprig Electric&#39;s 401(k) plan: 152 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Sprig Electric

- **Sponsor EIN:** 942217239

- **Sponsor Address:** 1860 SOUTH 10TH STREET, SAN JOSE, CA, 95112

- **Plan Type:** 401(k)

- **Total Participants:** 152

- **Total Assets:** $24.6M

## 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|152|$24.6M|$620,542|$1.6M|

| 2023|153|$22.2M|$649,928|$1.6M|

| 2022|156|$18.7M|$649,482|$1.6M|

## 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|

| BAKER TILLY US, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — 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|$49,356|$44,478|—|—|—|

| 2023|$41,816|$38,341|—|—|—|

| 2022|$41,973|—|$41,973|—|—|

## Similar Plans

- [Hampton Tedder Electric Company](https://planprovider.pro/companies/hampton-tedder-electric-company-plan-002) — 151 participants

- [Telstar Instruments](https://planprovider.pro/companies/telstar-instruments-401k-plan) — 151 participants

- [Collins Electrical Company, INC.](https://planprovider.pro/companies/collins-electrical-company-inc-401k-plan) — 150 participants

- [Nb Baker Electric, INC. Dba Baker Electric Home Energy](https://planprovider.pro/companies/nb-baker-electric-inc-dba-baker-electric-home-energy-401k-plan) — 155 participants

- [Laser Electric, INC.](https://planprovider.pro/companies/laser-electric-inc-401k-plan) — 149 participants

- [Pacific Utility Installation, INC.](https://planprovider.pro/companies/pacific-utility-installation-inc-plan-003) — 147 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/sprig-electric-401k-plan)

&copy; 2026 PlanProvider.Pro
