Sparc Group 401(k) match, vesting and fees
What Sparc Group's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Voya Retirement Insurance & Annuity | Schedule C ↗ |
| Independent auditor | Bdo, USA, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 87 defined-contribution plans in retail trade with 10,000 to 49,999 participants.
| Sparc Group: employer contribution per participant | $520 | |
| Peer median | $1,215 |
| Sparc Group: average balance | $19,607 | |
| Peer median | $48,539 |
| Sparc Group: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $294M at the end of plan year 2023 to $342M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 19,111 | $342M | $9.1M | $520 | 0.20% | Not published | Form 5500 ↗ |
| 2023 | 15,816 | $294M | $4.9M | $353 | 0.20% | Not published | Form 5500 ↗ |
Common questions
Does Sparc Group match 401(k) contributions?
The match terms for the The Sparc Group LLC 401(k) Investment and Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $9.1M in employer contributions, about $520 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sparc Group 401(k) match vested?
The vesting schedule for the The Sparc Group LLC 401(k) Investment and Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sparc Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Sparc Group LLC.
I left Sparc Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sparc Group LLC, (201) 508-5593) or the recordkeeper, Voya Retirement Insurance & Annuity. The Sparc Group old 401(k) page lists the contacts from every plan filing. Find an old Sparc Group 401(k)
Data from the public Form 5500 annual reports Sparc Group filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Sparc Group. Not financial advice. Report a correction · Methodology